|
The Trump administration needs to give the economy a dose of the right kind of nothing, relax the trade war antics and stop bashing trade partners, lay off the Fed, and by doing so will give real GDP growth a positive nudge.
|
Look back 150 years (from the end of the Civil War), ignore whatever party or president was dominant, and try to discern a relationship between the size, scope and power of the U.S. federal government and America’s economic growth rate.
|
Edward Stringham on Fox News comments on the growth rates of the American economy and the factors that go into causing it.
|
Long-term stability in economic growth owes to the robustness of economic organization in the United States. A single president might transform the economic landscape, but that transformation is necessarily constrained.
|
Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?
|
Long-run growth projections have plummeted since the Great Recession. How much blame does fiscal austerity bear for this bleak outlook?
|
Light, as we know it today, is a commodity. That would not have been possible without the institutional prerequisites — freedom to create, own, and exchange — that built the modernity we too often take for granted.
|
If all mixed societies are inherently unstable then why are they historically so common and why do many keep going for hundreds of years in peace and rising prosperity?
|
Uber is now even defending the rights of those who want to be drivers but who don’t have the money to get expensive driving permits.
|
Far from a vindication, the mid-20th century experience of the United States actually points to the futility of using confiscatory tax rates to counteract inequality.