Jeff Gordon

I'd be very interested in your feedback and suggestions!

There are a lot of market-cycle-management ideas on the table these days, from buffer stocks to CfDs to cartels. I argue that this tax approach is superior because it intervenes on the margin of adding capacity, which is more harmful than merely selling into a bull market.

I have a new working paper up on SSRN, Tax and the Law of Market Cycles. The core idea is: what if we applied everything we've learned about countercyclical macroprudential regulation to the boom-bust cycles of physical commodities and heavy industries? papers.ssrn.com/sol3/papers.cf…

This is a pointed version of our academic working paper, available here: papers.ssrn.com/sol3/papers.cf…

I have a new essay up at @lawfare with @DoniBloomfield. We argue that current export control policy is in a worst-of-both-worlds trap: bad for protecting technology, and bad for U.S. innovation. But there is a solution, of course! lawfaremedia.org/article/why-u.….

@ilan_wurman I think you have to tell us which cultures so that we can make some progress on evaluating the claim

This is, indeed, a mask off moment. Here a newly minted academic declares without a hint of self doubt that a proposition obvious to almost everyone not too long ago, and obvious to many now—that not all cultures have the same contemporary capacity for constitutional self-government—is bigoted and racist. It is arguments like this and the cavalier confidence with which they are freely asserted in the halls of academia that make everything Trump wants to do to the universities seem so eminently justified. Here is the link to this tragically anti-intellectual post falsely attacking me as a bigot and racist for having asserted an obvious truth: open.substack.com/pub/bbaumann/p…

@anton_d_leicht @deanwball Thoughtful essay in general, but wanted to clarify on the junior employee tax idea. All wages are generally deductible already, so should I interpret your proposal as making senior employee wages non-deductible? Or do you mean a tax credit in addition to the existing deduction?

Political demand for policy solutions on AI labor disruptions is picking up, and it's outpacing our ability to measure, develop, and test responses. Today's post with @deanwball lays out how, amid great uncertainty about economic futures, policymakers can bet on human work.

Ketan Ramakrishnan on Tort Law at the Frontier of Artificial Intelligence: legaltheoryblog.com/?p=112736

Industrial policy is often in tension with competition - a problem I call "the dilemma of picking winners." In this essay and the associated working paper, I propose a framework for doing industrial policy without entrenching the winners. lpeproject.org/blog/the-dilem…

Thanks to Larry Solum for reading and sharing our new paper on export controls! Our draft is here: papers.ssrn.com/sol3/papers.cf…

My article "Carbon Shelters: Carbon Accounting as Tax Law" is now live at @CalifLRev ! californialawreview.org/print/carbon-s…

This may be of interest to @petereharrell @jordanschneider @rSanti97 @deanwball @ARozenshtein @crmiller1 @AnaSwanson @KhanSaifM @fiiiiiist

We'd love your comments! Draft here: papers.ssrn.com/sol3/papers.cf…

New draft paper with @DoniBloomfield: "The New Export-Control Equilibrium." Export controls are arguably the central legal tool of US-China competition. Yet legal scholarship has barely touched them. papers.ssrn.com/sol3/papers.cf…