Archive for February, 2018

3/22 noon: James Broughel, “Regulatory Macroeconomics: A New Frontier” at 618 H St NW

Tuesday, February 27th, 2018

James Broughel, Mercatus Center, GMU
“Regulatory Macroeconomics: A New Frontier”

James Broughel is a Research Fellow for the State and Local Policy Project at the Mercatus Center at George Mason University and an adjunct professor of law at the Antonin Scalia Law School. He specializes in the economic analysis of regulations, state and federal regulatory procedures, and economic growth.

Abstract of talk:

Fiscal and monetary policy are areas of national policy that traditionally are thought to have important macroeconomic significance. Much less attention, however, has been devoted to the macroeconomic implications of regulation. This has happened even while regulation levels have steadily risen in the US for decades. While it is possible that regulation has little macroeconomic effect, a lack of good measures of regulation may better explain why historically this has been an understudied area. This is now changing as credible measures of aggregate regulation are being developed. In this talk, James Broughel of the Mercatus Center will discuss innovations in the measurement of regulation, both for the US case as well as internationally, and will summarize what some of the burgeoning literature on the macroeconomic effects of regulation has had to say about the impact that regulation has on GDP and other macroeconomic variables of interest, such as productivity, employment, and investment.

Credit Card payment is non refundable but you may substitute someone in your place for attendance.
Visit for registration information.

Tue 2/20 eve: Leiserson and Maag on “U.S. Inequality and Recent Tax Changes”

Sunday, February 18th, 2018

U.S. Inequality and Recent Tax Changes
Tuesday, February 20, 2018 5:45 p.m. – 8:00 p.m.
Washington Center for Equitable Growth
1500 K Street, N.W., 8th Floor
Washington, DC, 20005
Metro: McPherson Square (15th St. exit)


Dr. Greg Leiserson, Director of Tax Policy and Senior Economist, Washington Center for Equitable Growth

Elaine Maag, Senior Research Associate, Tax Policy Center, Urban Institute

Light refreshments will be served at 5:45 pm, and the seminar begins at 6:00 pm. The seminar is free but reservations are required. Please email Melvyn Sacks at for reservations and admittance.

The U.S. has one of the most unequal income distributions in the developed world, according to data from the Organization for Economic Cooperation and Development, after taxes and social-welfare policies are taken into account. According to a report released by the World Economic Forum, the U.S. ranks 23rd out of 30 countries for inequality, even as G.D.P. has greatly expanded following the great recession. This index measures the distribution of income and wealth and poverty.

Ms. Elaine Maag and Dr. Greg Leiserson will examine how the structure of U.S. taxes affects inequality. The U.S. Congress just passed a 1.5 trillion-dollar tax cut that many contend went mostly to corporations and the wealthy. How much will these changes in taxes contribute to inequality and what other factors affect inequality?

Greg’s slides are posted on the WCEG site.