Does Inequality Hurt Innovation or Entrepreneurship?
When you’re fixated on a particular problem, it’s easy to see the problem everywhere. Much of the political left is currently obsessed with income inequality,… Read More
When you’re fixated on a particular problem, it’s easy to see the problem everywhere. Much of the political left is currently obsessed with income inequality,… Read More
Good news, millennials: You don’t need to embrace socialist policies if you want to rejuvenate the economy – and your future. Rolling Stone published a… Read More
EconomyNews
One must applaud Larry Summers for his cagey satire in a Washington Post op-ed today. He lets on—subtly—that the recent resurrection of “secular stagnation” is… Read More
In a throwback to the economic policy and theory of the 1950s, President Obama in a recent speech blamed the rich for concentrating wealth and… Read More
The European Central Bank (ECB) lowered a key interest rate to 0.25 percent on Thursday. This is a big deal, since it demonstrates that the… Read More
Proponents of government spending want to use the recent history of Europe as evidence that spending cuts are harmful, but their arguments lose traction when… Read More
Economy News
The Obama Administration argues that failure to raise the debt limit would lead to a default on federal debts, causing unacceptable harm to the economy…. Read More
EconomyNews
The national debt is a few years away from an unprecedented peacetime explosion, according to the Congressional Budget Office (CBO). Without serious fiscal restraint, public… Read More
Larry Summers withdrew his name from consideration for the next chairmanship of the Federal Reserve. The office currently occupied by Ben Bernanke wields enormous power… Read More
Shocking new economic research has shown that receiving large gifts from the federal government is actually beneficial to states. That is not such a… Read More