Economic Growth

Tuesday, July 2nd, 2019

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. 

Tuesday, May 21st, 2019

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.

Saturday, March 16th, 2019

Edward Stringham on Fox News comments on the growth rates of the American economy and the factors that go into causing it. 

Wednesday, February 20th, 2019

The data alone tell the story no one wants to hear. Continued economic growth does not so much allow as require the inclusion – indeed the expansion – of the number of undocumented immigrants on American employment rolls.

Thursday, December 27th, 2018

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.

Tuesday, December 11th, 2018

Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?

Wednesday, October 31st, 2018

Vlad the Impaler and his literary incarnation — Count Dracula — have real historical roots in a dark period of economic nationalism.

Friday, October 26th, 2018

Long-run growth projections have plummeted since the Great Recession. How much blame does fiscal austerity bear for this bleak outlook?

Monday, October 22nd, 2018

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.

Thursday, October 4th, 2018

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?

Tuesday, September 4th, 2018

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.

Wednesday, August 29th, 2018

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. 

Thursday, August 16th, 2018

And yes, I’m glad that sea turtle no longer has a straw up his nose. I hope he wasn’t quickly eaten by a shark, which is the leading predator of these animals.

Thursday, August 9th, 2018

State-run or state-privileged companies have for many decades dominated European markets. But the moment the opportunity arose for others to enter the market, those very companies faltered, while others are currently prevailing. The benefits are immense.

Friday, July 27th, 2018

Edward Stringham speaks to the subject of economic growth on the popular BBC show "Talking Business"

Wednesday, July 11th, 2018

I could have eaten it without violating anyone’s rights, so far as I can tell. But doing so would bump into an idea that forms the basis of social order, the very distinction between what is mine and what is thine. And keep in mind that this norm thrives most (or only) in an environment in which we are not desperate. In famine and war, such norms become more flexible. Sitting at the airport bar, I had the luxury to be scrupulous … and remain hungry, awaiting my chance to beg the flight attendant to give me an extra bag of salted almonds.

Monday, June 4th, 2018

In so many areas, Obama seemed like an intelligent and thoughtful person, certainly someone who wanted to achieve some good. But even from his earliest extended interviews – however erudite and insightful – it was clear that he had a gigantic blind spot about fundamental economic topics. Most foundationally, the topic of wealth creation was never on this mind. He had great confidence in the capacity of great public administrators to manage economic life from the center but no discernable awareness of the limits of state power.

Monday, March 19th, 2018

The “sweet spot” that facilitates spillover effects occurs with foreign firms with local market focus and highly tangible assets. Although the results are not uniform, this new research shows that far from being detrimental, foreign companies keep local ones on their toes, as locals search for ever better ways to serve customers and piggyback on newly observed strategies.

Friday, March 16th, 2018

The continued growth of mobile money should excite anyone who believes private sector innovations are the best means of achieving sustainable economic and financial development across the developing world.

Monday, January 8th, 2018

The continued popularity of the cast-iron skillet illustrates a point. The purpose of technology is not to be new. It is not to complicate your life. It is not to do something never done before. It is not to confound, confuse, or disorient. The purpose of technology is to make your life better than it is. In this case, technology can come from any age, even the ancient world. As the slogan of Lodge pan company says, iron is forever.

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