Band 6, Heft 10

A tax on excess reserves would worsen the banking crisis and could lead to a run on the dollar, according to John Thornton.

Will the health care plans lead to higher taxes, deficits, and health care costs without health gains? Glenn Hubbard of Columbia and John Cogan and Daniel Kessler of Stanford think so.

Gary Richardson argues that although Republicans campaign against redistribution, they govern by redistributing money from Democratic states to Republican states.

Although Paul Courant presents the Google Books Settlement as a win-win-win, Pamela Samuelson sees trouble ahead if it is approved.

A new academic consensus is emerging that innovation is the key to consumer welfare, and rules governing Internet policy need to be updated to reflect this reality, according to Robert Hahn.

Paul Krugman has made the case that economics, at least in Chicago, is grossly off track, but Casey Mulligan does not see this in his area of research.