Given the high price of oil, the collapse of the dollar, and the credit crunch, one might have expected America to be mired in a deep recession. But it's not.
The GOP nominee proposed a summer vacation for the gasoline tax. A bolder and more economically sound policy would be to increase it sharply.
Nic Duquette has a message for economists considering direct involvement in public policy: Don't do it. Odds are you'll get in trouble like Obama adviser Austan Goolsbee.