Only the federal government has the power to spend beyond its current revenue. It shouldn't do that when the economy is at… — Robert H. Frank Copy Share Image
We've long known that firms can pay higher wages if they spend less on workplace safety enhancement. Libertarians ask, "If a worker… — Robert H. Frank Copy Share Image
As John Maynard Keynes taught us in the 1930s, in such situations, government is the only entity with both the motive and… — Robert H. Frank Copy Share Image
The primary source of waste in government is that legislators are often under heavy pressure to vote for projects that will benefit… — Robert H. Frank Copy Share Image
We could curtail private spending by several trillion dollars a year without requiring painful sacrifices from anyone. That would be more than… — Robert H. Frank Copy Share Image
Getting the economy back on its feet is properly viewed as an investment in future prosperity. When businesses and consumers confront attractive… — Robert H. Frank Copy Share Image
If government is inevitable, the challenge is to come up with the most effective one possible. — Robert H. Frank Copy Share Image
John Stuart Mill believed that the only acceptable reason for government to limit a person's liberty was to prevent him from causing… — Robert H. Frank Copy Share Image
If the search is for examples that contradict the predictions of standard economic models, a good rule of thumb is to start in France. — Robert H. Frank Copy Share Image
When people bump up against one another in the course of pursuing their goals, it is in everyone's interest to resolve any resulting problems… — Robert H. Frank Copy Share Image
It is no exaggeration to say that rising inequality has driven many of the 99 percent into a financial ditch. It also helped spawn… — Robert H. Frank Copy Share Image
We could curtail private spending by several trillion dollars a year without requiring painful sacrifices from anyone. That would be more than enough to… — Robert H. Frank Copy Share Image
The most glaring deficiency in traditional economic models is that they completely ignore the role of context in evaluation. — Robert H. Frank Copy Share Image
Adam Smith's uncritically enthusiastic modern disciples portray his invisible hand theory as saying that market forces reliably harness selfish individuals to serve the common… — Robert H. Frank Copy Share Image
Trusting others puts us at risk. Yet failure to trust entails risk as well. The ability to navigate through this minefield successfully is one… — Robert H. Frank Copy Share Image
Rising inequality hasn't really accomplished anything of value for its ostensible beneficiaries, the top one percent. They've all built bigger mansions and staged more… — Robert H. Frank Copy Share Image
As economists have long noted, the puzzle is not that so few people vote, it's that so many do. After all, no individual's vote… — Robert H. Frank Copy Share Image
Pass down values every day through your actions, your words and your time with your kids. — Robert H. Frank Copy Share Image
When the rich build bigger, they shift the frame of reference that shapes the demands of the near rich, who travel in the same… — Robert H. Frank Copy Share Image
