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	<title>Comments on: [Vancouver Dispatch] The Travis Bickle Effect</title>
	<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/</link>
	<description>FT Alphaville from FT.com</description>
	<copyright>Copyright The Financial Times Ltd 2006. "Alphaville", "FT" and "Financial Times" are trademarks of the Financial Times.</copyright>
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	<pubDate>Mon, 08 Sep 2008 06:08:21 +0000</pubDate>
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		<title>by: Taxi Driver: The Greatest Wealth-Producing Films of All Time? - Right Mind</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20892</link>
		<pubDate>Sat, 17 May 2008 15:08:19 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20892</guid>
					<description><![CDATA[[...] From the Financial Times: [...]]]></description>
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		<title>by: The $15 Trillion Movie &#124; smoky/glass</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20765</link>
		<pubDate>Thu, 15 May 2008 16:33:46 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20765</guid>
					<description><![CDATA[[...] (via FT Alphaville)  Sphere: Related Content [...]]]></description>
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		<title>by: You talking to me? &#124; Dominik Mueller</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20763</link>
		<pubDate>Thu, 15 May 2008 16:24:22 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20763</guid>
					<description><![CDATA[[...] It is a post by FT Alphaville columnist John Authers, which is titled “The Travis Bickle Effect” and explains that Martin Scorsese’s 1976 movie Taxi Driver might very well be the most wealth-creating film in the history of motion pictures. Not the most serious theory in modern economics, but worthwhile and interesting nevertheless. What was the greatest wealth-creating film of all time? Titanic might be a popular guess, but the answer, according to Columbia University’s Nobel laureate economist Robert Mundell, is Taxi Driver. [...]]]></description>
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		<title>by: Taxi Driver: The World&#8217;s Most Lucrative Film &#124; Yes and Not Yes</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20758</link>
		<pubDate>Thu, 15 May 2008 14:23:43 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20758</guid>
					<description><![CDATA[[...] FT.com reports that Columbia University’s Nobel laureate economist Robert Mundell says Taxi Driver is the world's most lucrative film for a very interesting reason: John Hinckley, the deranged would-be assassin who attempted to kill Ronald Reagan in 1981, claimed that he was inspired by it. He said that his action was an attempt to impress Foster. (The movie features a scene in which a mohawked De Niro attempts to assassinate a politician.) [...]]]></description>
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		<title>by: FT.com &#124; The Undercover Economist &#124; The most lucrative movie of all time is&#8230;</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20632</link>
		<pubDate>Thu, 15 May 2008 05:57:36 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20632</guid>
					<description><![CDATA[[...] …Taxi Driver, claims Robert Mundell. John Authers has the scoop: John Hinckley, the deranged would-be assassin who attempted to kill Ronald Reagan in 1981, claimed that he was inspired by [Taxi Driver]… According to Mundell, the wave of sympathy for President Reagan that was engendered by the assassination attempt deterred Democrats in Congress from voting against his proposed tax cuts. Due to this accident of history, the US administered a big fiscal stimulus at the same time that Paul Volcker at the Federal Reserve was administering tight money. This, for Professor Mundell, was vital in creating the era of prosperity that followed. “Taxi Driver is the most important movie ever made from the standpoint of creating GDP,” Mundell told delegates. “It’s the movie that made the Reagan revolution possible. That movie was indirectly responsible for adding between $5 trillion and $15 trillion of output to the US economy.” [...]]]></description>
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		<title>by: Hey Taxi Uncle, how&#8217;s life? ;) &#171; ANTAP</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20411</link>
		<pubDate>Tue, 13 May 2008 02:08:40 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20411</guid>
					<description><![CDATA[[...] http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/ [...]]]></description>
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		<title>by: CS</title>
		<link>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20409</link>
		<pubDate>Mon, 12 May 2008 21:30:49 +0000</pubDate>
		<guid>http://ftalphaville.ft.com/blog/2008/05/12/12971/the-travis-bickle-effect/#comment-20409</guid>
					<description><![CDATA[Mundell's is really reaching on this one.  It's much more reasonable to argue (1) that Hinckley would have found some other fictional inspiration (or scapegoat), and (2) that Reagan would have carried the day anyway.

That last point is hardly disputable.  I remember the Democrats being just as eager to carve some tax cuts and cut themselves in on the credit that would come with it, because those tax cuts were quite popular at the time among the voters (perhaps not so among the talking heads).  Some readers might remember the "pigs at the trough" comment from a certain budget director of the time.]]></description>
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