The Economic Effects of a Soda Tax

Greg Mankiw (link) and David Leonhardt (link) have opened a debate on whether govenrment policymakers should levy a tax on soda and other soft drinks as an attempt to reverse the growing trend of obesity among the U.S. population. The idea of taxing soda has become popular as governments around the world have recorded . . . → Read More: The Economic Effects of a Soda Tax

Economic Events on June 10, 2010

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 448,000 new jobless claims last week, which would would be a slight improvement from last week, and falls within the range of reports in recent weeks.

Also at 8:30 AM EDT, the International Trade . . . → Read More: Economic Events on June 10, 2010