Michael J. Boskin Quotes

• Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.

  Michael J. Boskin

  Past, Thinking, Clothes

  4 Copy quote

• New and expanded refundable tax credits would raise the fraction of taxpayers paying no income taxes to almost 50% from 38%. This is potentially the most pernicious feature of the president's budget, because it would cement a permanent voting majority with no stake in controlling the cost of general government.

  Michael J. Boskin

  Government, Voting, President

  4 Copy quote

You May Also Like:

Kenneth Arrow

Mark V. Hurd

Martin Feldstein

Larry Ellison

George P. Shultz

Drew Gilpin Faust

Laurence Kotlikoff

Edward Lazear