Public Finance

Overlapping generations model diagram with young and old agents, pay‑as‑you‑go transfers, and dynamic efficiency conditions.

Research Explained

Overlapping Generations Model Economics: Why Young and Old Disagree About Policy

The overlapping generations model economics framework, built by Samuelson and Diamond, explains why finite lives produce dynamic inefficiency and intergenerational...

April 29, 2026

Laffer Curve diagram showing tax rate and revenue relationship with peak estimate around 63 percent.

Research Explained

Laffer Curve Economics: Can Cutting Taxes Raise Revenue?

The Laffer Curve economics framework proposes that cutting taxes can raise revenue beyond a critical rate. Five decades of empirical...

April 22, 2026