martin feldstein

Former Reagan administration economic adviser Martin Feldstein today makes the case — oft-mentioned in conservative circles — that the Democrats’ proposal to tackle climate change with a cap-and-trade system would put undo burdens on domestic industries, leading to higher costs for everyone. Instead, the Harvard University economist writes in a Washington Post op-ed, lawmakers “should [...]

Too late to slip into this morning’s story on the tax cuts being floated as part of President-elect Barack Obama’s stimulus plan, Harvard economist Martin Feldstein emails to add his name to the growing list of skeptics. Workers given a $500 payroll-tax credit, Feldstein writes, will likely use it the same way they did their [...]