Economic Growth
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New Studies Show How Business Taxes Hurt Average Americans
“Congress’s new tax increases on business couldn’t come at a worse time: right when business is still recovering from the supply-chain shocks of the pandemic and wages fail to keep pace with inflation.” ~Jason Sorens
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Lina Khan’s Anti-Progress Paradox
“If Amazon can be sued by the FTC for the success it has achieved in catering to customers and enabling the sales of third-party sellers, what chance does a small business have for crafting its own strategies and having autonomy over its own operations and distribution networks?” ~Kimberlee Josephson
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Inflationary Growth is Fake News
“Economic growth means more output. Comparatively less money chases comparatively more goods. All else equal, prices across the economy should fall.” ~Alexander W. Salter
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Wishful (Protectionist) Thinking
“Specialization and productivity increase when the market’s size extends across national borders. But tariffs reduce the extent of the market and thereby reduce specialization.” ~Paul Mueller
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Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’
“We are wealthier now, not because we earn more but because we trade less of our time for goods. The real ‘superabundance’ comes not from ample money or wealth but ample leisure time.” ~David Gillette and Lauren Frazier
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The Multiyear Decline in US Economic Freedom
“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman
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Taxation as Social Justice
“The goal is not to raise revenue so we can support the poor; instead, the US is pursuing the simpler goal of eliminating private concentrations of wealth.” ~Michael Munger
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Beware of Mistaking Artifacts for Economic Realities
“Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the accounting conventions used to record international commercial transactions should be sufficient to calm the fears that arise whenever this accounting artifact shows a deficit.” ~Donald J. Boudreaux
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David Malpass on Inflation and Slow Growth
“If we try to push supply-side economics as an inflation-reduction strategy, we’re setting ourselves up for failure by banking on a problem that’s largely solved.” ~ Alexander W. Salter
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Economic Parasites: Their Gain, Your Pain
“Just as biological parasites try to hide in the recesses of host bodies, economic parasites try to hide in the recesses of the body politic. Some, like leeches, cling tenaciously when exposed to the light. Others, like hookworms, feed deep in the belly of the economic beast.” ~ Robert E. Wright
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•
New Studies Show How Business Taxes Hurt Average Americans
“Congress’s new tax increases on business couldn’t come at a worse time: right when business is still recovering from the supply-chain shocks of the pandemic and wages fail to keep pace with inflation.” ~Jason Sorens
-
•
Lina Khan’s Anti-Progress Paradox
“If Amazon can be sued by the FTC for the success it has achieved in catering to customers and enabling the sales of third-party sellers, what chance does a small business have for crafting its own strategies and having autonomy over its own operations and distribution networks?” ~Kimberlee Josephson
-
•
Inflationary Growth is Fake News
“Economic growth means more output. Comparatively less money chases comparatively more goods. All else equal, prices across the economy should fall.” ~Alexander W. Salter
-
•
Wishful (Protectionist) Thinking
“Specialization and productivity increase when the market’s size extends across national borders. But tariffs reduce the extent of the market and thereby reduce specialization.” ~Paul Mueller
-
•
Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’
“We are wealthier now, not because we earn more but because we trade less of our time for goods. The real ‘superabundance’ comes not from ample money or wealth but ample leisure time.” ~David Gillette and Lauren Frazier
-
•
The Multiyear Decline in US Economic Freedom
“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman
-
•
Taxation as Social Justice
“The goal is not to raise revenue so we can support the poor; instead, the US is pursuing the simpler goal of eliminating private concentrations of wealth.” ~Michael Munger
-
•
Beware of Mistaking Artifacts for Economic Realities
“Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the accounting conventions used to record international commercial transactions should be sufficient to calm the fears that arise whenever this accounting artifact shows a deficit.” ~Donald J. Boudreaux
-
•
David Malpass on Inflation and Slow Growth
“If we try to push supply-side economics as an inflation-reduction strategy, we’re setting ourselves up for failure by banking on a problem that’s largely solved.” ~ Alexander W. Salter
-
•
Economic Parasites: Their Gain, Your Pain
“Just as biological parasites try to hide in the recesses of host bodies, economic parasites try to hide in the recesses of the body politic. Some, like leeches, cling tenaciously when exposed to the light. Others, like hookworms, feed deep in the belly of the economic beast.” ~ Robert E. Wright