Executive Summary: This CF&P Foundation’s Economics 101 video discusses how competition promotes innovation and results in higher quality and lower costs. Government-run schools are a tragic example, by contrast, of why monopolies generate bad results. This video uses the example of school choice to explain why competition is a better approach.
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Double Taxed
- Romney: A Total Failure on Double TaxationLast night’s GOP debate did nothing to change my sour opinion of Mitt Romney. During a discussion about tax reform, he attacked Newt Gingrich for the supposed crime of not wanting to double tax capital gains. Here’s how Politico reported the exchange. Newt Gingrich joked about Romney’s 15 percent tax rate, saying: “I’m prepared to […]