Category: Finance

Harvey’s Introduction

Chris Pope, an outstanding scholar at Manhattan Institute wrote this essay exploring the policy and financial implications of Biden’s health care agenda. As you might expect, it is both impractical and expensive with large parts of it unnecessary.

The Real Value of Stock Options

Harvey’s Introduction

This was a technical discussion on how to handle stock options from an accounting point of view. At the time, the issue was whether stock options should be expensed. I was overruled by the accountants, but my arguments were better.

FASB Plan To Eliminate Pooling Is Misguided

Harvey’s Introduction

I wrote this article for the WSJ 20 years ago. I took on the FASB on a technical ruling concerning accounting issues in a merger. I don’t remember whether my point of view prevailed, but I guess I’ve always been somewhat cynical towards experts, since they often get upset when asked to explain their logic..

A Simple Tax Code Is a Fair Tax Code

Harvey’s Introduction

I wrote this article in 2012 dealing with two issues – whether or not the “rich” paid their fair share – which I dealt with quite briefly and deserves more detailed analysis in another essay and secondly, my view of what a fair and efficient tax code would look like.

Effect on State and Local Revenues From The Pandemic

Harvey’s Introduction

This is a very detailed analysis of the pandemic’s effect on state and local government revenues. Its a detailed report, and meant only for policy wonks. The full report is in PDF form and you can click on it below the abstract.

How the Recovery Went Wrong

Harvey’s Introduction

I wrote this editorial about the Obama economic recovery three years after he was elected to his first term. At the time, he commented continually how he inherited the worst recession since the 1930’s and how well his policies were working. He ignored the fact that, by definition, every recovery after a recession reflects economic growth. He also ignored the assistance given by the Federal Reserve with historic low interest crates.

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