Six policies economists love (and politicians hate)

John Cochrane found this gem: Six policies from NPR: “‘Six policies economists love (and politicians hate)’ From NPRs Planet Money:

The Planet Money team got together a group of economists from widely differing political backgrounds, and came up with this very nice list of policies the economists all agreed on–which are all regarded as hopeless in the standard political debate.

  1. Eliminate the mortgage tax deduction.
  2. End the tax deduction companies get for providing health-care to employees.
  3. Eliminate the corporate income tax. Completely.
  4. Eliminate all income and payroll taxes. … Instead, impose a consumption tax.
  5. Tax carbon emissions. 
  6. Legalize marijuana.


For more details on each proposal, see the NPR blog post.