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Tag Archives : Economics

The Laffer Curve Works…even in France

The Laffer Curve Works…even in France

Posted on January 26, 2011

I write about the Laffer Curve so often that I’m surprised people don’t run away screaming. But I’ll continue to be a pest because I want people to understand that you can’t just look at changes in tax rates when predicting changes in tax revenue. You also have to consider changes in taxable income. Simply […]

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English Anti-Tax Haven Ideologues Are Just as Foolish and Ignorant as their American Cousins

English Anti-Tax Haven Ideologues Are Just as Foolish and Ignorant as their American Cousins

Posted on January 23, 2011

There’s a supposed expose in the U.K.-based Daily Mail about how major British companies have subsidiaries in low-tax jurisdictions. It even includes this table with the ostensibly shocking numbers. This is quite akin to the propaganda issued by American statists. Here’s a table from a report issued by a left-wing group that calls itself “Business […]

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The Exodus from Illinois Begins

The Exodus from Illinois Begins

Posted on January 22, 2011

It may not be very nice to say “I told you so” when the warnings you issue become reality, but I’m not a nice person (at least when it comes to greedy politicians imposing stupid policy). So I’ll openly admit that I’m happy to read that entrepreneurs and job creators already are beginning to escape […]

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Even Studies from the European Central Bank Show Spending Restraint Is Key to Controlling Red Ink

Even Studies from the European Central Bank Show Spending Restraint Is Key to Controlling Red Ink

Posted on January 21, 2011

I’m not a big fan of central banks, and I definitely don’t like multilateral bureaucracies, so I almost feel guilty about publicizing two recent studies published by the European Central Bank. But when such an institution puts out research that unambiguously makes the case for smaller government, it’s time to sit up and take notice. […]

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Disastrous U.K. Tax Hike Unleashes a Steroid-Pumped Version of the Laffer Curve

Disastrous U.K. Tax Hike Unleashes a Steroid-Pumped Version of the Laffer Curve

Posted on January 13, 2011

The Laffer Curve is one of my favorite issues (see here, here, here, here, here, etc). But it is a very frustrating topic. Half my time is spent trying to convince left-leaning people that the Laffer Curve exists. I use common-sense explanations. I cite historical examples. I even use information from left-of-center institutions in hopes […]

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Five Things We Should Worry about in 2011

Five Things We Should Worry about in 2011

Posted on January 3, 2011

The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed through Obamacare even after losing the special election to replace Ted Kennedy in Massachusetts.

Similarly, GOP control of the House of Representatives does not automatically mean less government and more freedom. Here are five possible bad policies for 2011, most of which the Obama White House can implement by using executive power.

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Why Does Friedrich Hayek Get all the Girls Instead of Me?

Why Does Friedrich Hayek Get all the Girls Instead of Me?

Posted on December 20, 2010

This doesn’t have the production quality of the Hayek-Keynes rap video, and it presumably won’t get as many views, but this young lady has a very clever love song for Friedrich Hayek.

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Who Needs Krugman, Summers, and the San Francisco Fed When You Have a Ramirez Cartoon?

Who Needs Krugman, Summers, and the San Francisco Fed When You Have a Ramirez Cartoon?

Posted on December 19, 2010

I don’t now why I bothered spending all that time perusing the writings of Paul Krugman and Larry Summers in order to produce my previous blog post when this Michael Ramirez cartoon makes the same point in a much simpler way.

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Why Do Democrats (and Republicans) Want More Unemployment?

Why Do Democrats (and Republicans) Want More Unemployment?

Posted on December 19, 2010

The two main political parties are sniping at each other about the just-concluded tax deal, largely because Republicans are happy and Democrats are displeased that all of the 2001/2003 tax cuts are being extended for all taxpayers. Almost nobody is paying attention to the new spending that is in the agreement, however, most notably the […]

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Everything You Need to Know about Healthcare Economics in One Chart

Everything You Need to Know about Healthcare Economics in One Chart

Posted on December 8, 2010

The title of this post may be a slight exaggeration. I actually recommend you read the entire two-page paper by Devon Herrick of the National Center for Policy Analysis. But this chart from that study is an excellent visual display of what’s wrong with the health care system. You can see that the price of […]

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