The Washington establishment rallied behind Ben Bernanke, so the Fed Chairman was confirmed for another term. But this is precisely why he is the wrong man for the job. As the Wall Street Journal opines, Bernanke is guilty of two sins. His track record on monetary policy is weak, indicating an insufficient commitment to protecting […]
read more...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 competitive disadvantage in the global market: The new proposed tax on banks — 15 basis points on all liabilities — is not about revenue or […]
read more...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 and move to other states, such as nearby Washington: A great beauty of the American federal system is that any of the 50 states can […]
read more...A new survey from International Living says that France has the highest quality of life, followed by Australia and Switzerland. The United States, meanwhile, is in seventh place, behind nations such as Germany, New Zealand, and Luxembourg: To produce this annual Index we consider nine categories: Cost of Living, Culture and Leisure, Economy, Environment, Freedom, […]
read more...Building on a previous mini-documentary that focused on theory, this video from the Center for Freedom and Prosperity Foundation presents real-world data and research showing that the burden of government spending is far too high – not only in the United States (where the Bush-Obama policies have increased the federal budget by more than 100 percent), but also in other nations where government budgets sometimes consume more than one-half of an economy’s output.
read more...The Center for Freedom and Prosperity Foundation (CF&P) today released a video on the empirical relationship between the size of government and economic growth.
read more...This Center for Freedom and Prosperity Foundation video analyzes how excessive government spending undermines economic performance. While acknowledging that a very modest level of government spending on things such as “public goods” can facilitate growth, the video outlines eight different ways that that big government hinders prosperity. This video focuses on theory and will be augmented by a second video looking at the empirical evidence favoring smaller government.
read more...The Center for Freedom and Prosperity (CF&P) has released a new video listing the key reasons why excessive government spending undermines economic performance. Entitled “Eight Reasons Why Big Government Hurts Economic Growth,” the video uses macroeconomic and microeconomic analysis to explain why the Bush-Obama policies of bigger government hinder the economy’s long-run vitality.
read more...A new study by economists with the Institute for Market Economics (IME) in Sofia, Bulgaria, using the latest OECD data, finds that the government sectors in OECD (developed countries) are too large relative to their private sectors to maximize economic growth.
read more...Now that the so-called stimulus has been enacted, hopefully policy makers will turn their attention to policies that actually improve economic performance. This Center for Freedom and Prosperity video reviews the key finding in the Fraser Institute’s Economic Freedom of the World and explains that, contrary to the policies of Presidents Bush and Obama, smaller government and free markets are the way to boost economic growth.
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