“The Canadian experience suggests that it is entirely possible to enact the spending cuts that many claim are necessary to balance the announced tax cuts in Britain.” ~ Vincent Geloso
Vincent Geloso, senior fellow at AIER, is an assistant professor of economics at George Mason University. He obtained a PhD in Economic History from the London School of Economics.
Follow him on Twitter @VincentGeloso
“The Canadian experience suggests that it is entirely possible to enact the spending cuts that many claim are necessary to balance the announced tax cuts in Britain.” ~ Vincent Geloso
“Pooley and Tupy find that every one-percent increase in population corresponds to a roughly one-percent decrease in the time-price. This formulation is elegantly simple and conveys the crucial point that population growth is good.” ~ Vincent Geloso
“Friedman’s pouncing on Heller has, unfortunately, had no effect on American journalists. News shows and economic commentators still repeat variants of the claim made by Heller: Rising wages will contribute to inflation.” ~ Vincent Geloso
“The greater enforcement could be regressive. Policymakers and pundits should ponder this possibility before they wrap themselves in the cloth of virtue.” ~ Vincent Geloso
“The reality is that the reason many use the flawed rule is because all other alternatives seem to be worse. As such, politicians and pundits who try to downplay talks of a recession by mentioning the flawed rule may be politically, and not economically inclined.” ~ Vincent Geloso
“Chasing after sensational headlines predicting doom and gloom do us a disservice. It hides the progress we have made historically and prevents us from using this history to guide public discussions.” ~ Vincent Geloso
“When someone says ‘what could go wrong’ after proposing a policy intervention, the reply should be ‘a lot that we will only comprehend many years from now.’ The damaging ripples of government intervention may be very far in the future – it does not mean they do not exist.” ~ Vincent Geloso
“It may seem extreme to some, but this total lack of admiration for any political actor is what allows the book to be a solid contribution to American political and economic history.” ~ Vincent Geloso
“When one takes the time to consider the multiple dimensions of what constitutes human well-being just as Crafts did, it is hard not to engage in hyperboles such as ‘We are infinitely better off than our close ancestors.'” ~ Vincent Geloso
“The wisest thing to do is to resist the urge to whack around your opponents for something which, let’s admit it, is mostly for your own personal gratification.” ~ Vincent Geloso