Marking to market is a good idea, but beware of the unintended consequences of good ideas.
This article makes the same point, and many others (about Fannie and Freddie, about the repeal of Glass-Steagall), very well.
The importance of transportation for productivity
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We quantify the aggregate, regional and sectoral impacts of transportation
productivity growth on the US economy over the period 1947-2017. Using a
multi...
4 hours ago
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