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Slow Growth Continues as Expansion Sets Record
A variety of data released today suggest continued economic expansion. Despite concerns over trade policy, escalating trade wars, and global economic growth that are creating significant uncertainty, the outlook is cautiously optimistic.
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The Choice of Christine Lagarde for the ECB
Lagarde’s experience as a policy-maker and clear communicator may prove very successful.
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A Wealth Tax on the Rich Won’t End Deficits
Some economists are touting Elizabeth Warren’s wealth tax as a solution to our budget woes. Closer examination reveals that their revenue projections are wildly exaggerated.
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Government Is Not a Wise Steward
“Every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him.” ~ Adam Smith
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Freer Trade and Economic Growth: Evidence of the Relationship
Even if the reduction of trade barriers accounts for only a small part of the observed increase in growth, the cumulative gains from reform appear to be substantial.
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