4 ms·
"Asset prices" is kind of a codeword for land titles and artificial scarcities. Inflation in general doesn't occur as a result of tax cuts, but rising prices ar
by nwah1 7y ago
"Asset prices" is kind of a codeword for land titles and artificial scarcities. Inflation in general doesn't occur as a result of tax cuts, but rising prices are confined to those particular areas... which is a clue on where to focus policy.
But aside from that, I would generally agree with the consensus economics positions that, all else being equal, lower taxes on production will unlock more production, and lower prices on healthcare will increase demand for healthcare. And that minimum wage will reduce demand for unskilled labor.