by Dan Mitchell | Mar 5, 2010 | Blogs, Competition, Economic Growth
Since many of the politicians want America to be more like Europe (including full government-run healthcare), it’s worth contemplating what that would mean for the economy. America today is richer than Europe. Indeed, per-capita living standards are about 30...
by Dan Mitchell | Feb 28, 2010 | Big Government, Blogs
There were many reasons to oppose last year’s so-called stimulus legislation. High on my list of reasons would be that the $800 billion spending bill was based on discredited Keynesian theory. Government spending diverts resources from the productive sector of...
by Dan Mitchell | Jan 29, 2010 | Blogs, Economic Growth, Free Market
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...
by Geoffrey MacLeay | Jan 24, 2010 | Economic Growth, Free Market, Taxation
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...
by Geoffrey MacLeay | Jan 23, 2010 | Economic Growth, Taxation
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...
