Daily Economy
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How ‘Equalizing’ School Finance Hurts Students and Taxpayers
“New Hampshire is the most fiscally decentralized state in the country, with about two-thirds of the total tax burden being municipal…Households have a lot of choice about where to live, and they exercise it.” ~Jason Sorens and Judge Glock
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More Money Can’t Solve Poverty
“From a high of almost 35 percent after World War Two, the poverty rate had already fallen to 19 percent in 1964. It continued its downward trend over the next few years, then has stagnated between 10 percent and 15 percent ever since.” ~Nikolai Wenzel
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Dear CFPB: Your Cure Is Worse Than the Disease
“…Limiting access to credit through these regulations and reducing competition in credit markets would do far greater damage to Americans hoping to access credit.” ~Peter Earle and Thomas Savidge
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AIER Explainer Series Demystifies Public Debt
“The debt problem is a spending problem, not a revenue problem. Research shows that raising taxes covers barely a fraction of the outstanding debt.” ~Thomas Savidge and Ryan Yonk
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DOJ Ruling on Google Ignores the Reality of Exclusive Contracts
“Consumers clearly have options when it comes to search, but because they consistently choose one product over the other does not mean that the exclusive contracts indicate anticompetitive behavior.” ~Spence Purnell
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Industrial Policies Aren’t Working
“If other governments insist on harming their countries’ economies with such interventions, that’s their business. We can pity the citizens of those countries.” ~Donald J. Boudreaux
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Business Conditions Monthly June 2024
“While the Federal Reserve’s progress in controlling inflation may provide the latitude needed to begin rate cuts aimed at supporting employment…the United States has either entered, or is on the verge of entering, a recession.” ~Peter C. Earle
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Public Goods in a Free Society
“Even under this supposed solution to a market failure, we’re getting less public goods than we get shafted for. Like many other well-intentioned public finance policies, in time they turn into pure money grabs.” ~Joakim Book
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The Permanent Temptation of All Governments
“The math of 2 percent compound shrinkage demonstrates that the Fed wants to depreciate the dollar’s purchasing power by 80 percent in each average lifetime. Somehow the Fed never mentions this.” ~Alex Pollock
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People Without Meaningful Lives Seek Power Over Others
“Mass movements attract followers who fail to make meaning in their lives, and seek a borrowed meaning from a destructive leader.” ~Barry Brownstein
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•
How ‘Equalizing’ School Finance Hurts Students and Taxpayers
“New Hampshire is the most fiscally decentralized state in the country, with about two-thirds of the total tax burden being municipal…Households have a lot of choice about where to live, and they exercise it.” ~Jason Sorens and Judge Glock
-
•
More Money Can’t Solve Poverty
“From a high of almost 35 percent after World War Two, the poverty rate had already fallen to 19 percent in 1964. It continued its downward trend over the next few years, then has stagnated between 10 percent and 15 percent ever since.” ~Nikolai Wenzel
-
•
Dear CFPB: Your Cure Is Worse Than the Disease
“…Limiting access to credit through these regulations and reducing competition in credit markets would do far greater damage to Americans hoping to access credit.” ~Peter Earle and Thomas Savidge
-
•
AIER Explainer Series Demystifies Public Debt
“The debt problem is a spending problem, not a revenue problem. Research shows that raising taxes covers barely a fraction of the outstanding debt.” ~Thomas Savidge and Ryan Yonk
-
•
DOJ Ruling on Google Ignores the Reality of Exclusive Contracts
“Consumers clearly have options when it comes to search, but because they consistently choose one product over the other does not mean that the exclusive contracts indicate anticompetitive behavior.” ~Spence Purnell
-
•
Industrial Policies Aren’t Working
“If other governments insist on harming their countries’ economies with such interventions, that’s their business. We can pity the citizens of those countries.” ~Donald J. Boudreaux
-
•
Business Conditions Monthly June 2024
“While the Federal Reserve’s progress in controlling inflation may provide the latitude needed to begin rate cuts aimed at supporting employment…the United States has either entered, or is on the verge of entering, a recession.” ~Peter C. Earle
-
•
Public Goods in a Free Society
“Even under this supposed solution to a market failure, we’re getting less public goods than we get shafted for. Like many other well-intentioned public finance policies, in time they turn into pure money grabs.” ~Joakim Book
-
•
The Permanent Temptation of All Governments
“The math of 2 percent compound shrinkage demonstrates that the Fed wants to depreciate the dollar’s purchasing power by 80 percent in each average lifetime. Somehow the Fed never mentions this.” ~Alex Pollock
-
•
People Without Meaningful Lives Seek Power Over Others
“Mass movements attract followers who fail to make meaning in their lives, and seek a borrowed meaning from a destructive leader.” ~Barry Brownstein