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Attacks on Wall Street Hurt American Global Competitiveness.
In a National Review Online article, Kevin Williamson notes that a proposed federal banking tax seems purely inspired by vilification politics, but will none-the-less put American banks at a very real… Read more
Oregonians Contemplate Digging Their Hole Deeper.
Oregon voters are currently deciding on personal and business income tax increases. Should the tax hikes pass, look for Oregonian businesses to avail themselves of the advantages of tax competition… Read more
The American People Reject Big Government.
According to a Washington Post story, Obama wants to be the anti-Reagan, a President who permanently changes the American people’s attitude about big government. Obama’s efforts to make statism popular,… Read more
An Omen for America?
This has a similar title to an earlier blog post, but the topic is completely different. The U.K.-based Times has a fascinating story about how tax rates are driving business… Read more
Omen for Massachusetts?
As reported by the Financial Times, Sebastian Pinera, the brother of Cato’s Jose Pinera, was elected President of Chile this weekend. The press is viewing Pinera’s election through the right-left… Read more
Tom Sowell vs. Empty Pseudo-Intellectualism.
Do stores in low-income neighborhoods charge higher prices because of racism, or greed? That’s what some academics argue, but Tom Sowell points out that there are real economic factors that… Read more
Don't Trust Economists.
Sometimes a picture really does tell a thousand words. Here’s a chart, based on data from the Philadelphia Fed, showing actual economic results compared to the predictions of professional economists…. Read more
Should the Government Subsidize Mortgages for People Who Bought More Home than They Could Afford?
Appearing on Larry Kudlow’s show, Dan Mitchell debates this topic. More important, he asks the fundamental question of whether there should be any government intervention in housing markets. http://www.youtube.com/watch?v=cXpcJkGcrXs
Higher Tax Rates Causing More Problems in London.
With Barack Obama planning big tax rate increases in America, it’s useful to see how that policy is working in the United Kingdom. According to the Mayor of London, the… Read more
Washington vs. America.
One of the dirty little secrets of Washington is that Republicans and Democrats have more in common with each other than either party has with ordinary Americans. Tim Carney has… Read more
