Economic Policy

Displaying 1 - 10 of 111

Taxing the Wealthy: A Tale of Two State Propositions

Economic PolicyFree MarketsProgressivismTaxes and Spending

Blog11/28/2022

Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.

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College Loans and Hazlitt's Lesson: Ignoring the Larger Picture

Cronyism and CorporatismEconomic PolicyEducation

Blog11/26/2022

Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood.

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Too Many Economic "Truths" Are Built on Fallacies

Economic PolicyThe FedKeynes

Blog11/22/2022

All too often, elite mainstream economists' policy recommendations are built on fallacies. We shouldn't listen.

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Why Did Trussonomics Fail So Quickly?

Big GovernmentEconomic Policy

Blog11/21/2022

Liz Truss sought to be another Margaret Thatcher, but her ballyhooed budget numbers did not add up.

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Profits Do Not Cause Inflation (No Matter What Progressives Claim)

Economic PolicyInflationProgressivism

Blog10/25/2022

Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.

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Has the USA Reached Another Historical Inflection Point?

Economic PolicyU.S. EconomyU.S. HistoryWorld History

Blog10/10/2022

More than thirty years ago, Japan Inc., seemed like a global economic juggernaut. Today, no country fits that category, thanks to massive government spending and economic intervention.

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Europe Ditched Russian Energy. Now People Are Sitting in Line for Days to Buy Coal. Is Biden to Blame?

Economic PolicyGlobal EconomyWar and Foreign Policy

Blog09/21/2022

Winter is approaching and Europeans are facing homes without heat, thanks to the US-led sanctions against Russia. Who will carry the blame when people freeze to death?

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The "Stunning Success" of the Green Revolution Is Yet Another Progressive Myth

Economic PolicyProgressivismSocialismWorld History

An enduring progressive myth is that thanks to Western technologies and compassionate NGOs, American agricultural scientists saved the developing world via the Green Revolution. Not surprisingly, the truth is found elsewhere.

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How the Fed Helped Create Another Calamity: The Ongoing Emerging Market Debt Crisis

Economic PolicyThe FedInflationStrategy

Blog09/13/2022

The Fed's suppression of interest rates in the USA didn't just affect this nation's economy. It also drove investors to seek higher interest rates in questionable investments.

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The Nilar: A Pan-African Gold Currency

Economic PolicyMoney and BanksStrategy

Blog09/13/2022

While African nations often are famous for corruption, poverty, and inflation, there is a way to bring dramatic changes to African economies: a gold-based currency.

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