Tyler Cowen Says Republicans Have Science on Their Side When it Comes to Corporate Tax Cuts

Tyler Cowen tells us in this Bloomberg piece that the Republicans are right to say that their plans for a big cut in the corporate tax will boost investment. (He is still opposed to the overall package.) I've had several people ask me about this one. I'll give the usual economists' answer: it depends.

If the argument is that other things equal, more cash in corporate coffers means more investment, I'm with Tyler. If we throw a huge pile of money at corporate America, at least some of it has t...