Ivane Nachkebia

2 weeks ago | debtdispatch.substack.com | Romina Boccia |Ivane Nachkebia

Here are this week’s reading links and fiscal facts:How persistent deficits harm everyday Americans. In a new study, Ernie Tedeschi, director of economics at the Budget Lab at Yale, analyzes the impact of a permanent 1 percent of GDP increase in primary deficits—roughly the cost of extending the expiring Trump tax cuts—on inflation and interest rates.

Dec 19, 2024 | cato.org | Ivane Nachkebia

As part of the Cato Institute Report to the Department of Government Efficiency (DOGE), we submitted the following recommendations to address the looming Social Security insolvency and its impact on the federal budget. Social Security is not a savings system but a pay-as-you-go scheme, where taxes collected from today’s workers fund the benefits of today’s beneficiaries.

Sep 8, 2024 | econlib.org | David Henderson |Romina Boccia |Ivane Nachkebia |Art Carden

by Romina Boccia and Ivane Nachkebia, Cato at Liberty, September 5, 2024. Excerpt:The article fails to acknowledge the total replacement rate of the US retirement system, which includes both Social Security and voluntary pensions. When considering this broader perspective, the US approach replaces more than 73 percent of pre-retirement earnings for average workers, significantly higher than the OECD average of 55.3 percent.

Sep 5, 2024 | cato.org | Ivane Nachkebia

How does Social Security compare to other countries’ retirement programs? It’s an interesting question that prompted me to organize a symposium with international experts at the Cato Institute earlier this year. In a recent Washington Post article, Julie Zauzmer Weil asks a similar question but misses the mark on several fronts.

Sep 14, 2023 | austriancenter.com | Ivane Nachkebia

Discover the rankings of Austrian regions in the Transatlantic Subnational Innovation Competitiveness Index 2.0.Innovation is one of the primary factors contributing to a country’s economic growth. It is especially true today when nations continuously compete to prosper in a globalized world economy.