Topic: Economic Growth

Kvetching

– October 12, 2023

“Pundits and politicians who describe free trade as an imposition are either hopelessly ignorant of the meaning of free trade, or they are intentionally portraying it in a false light in order to scare people.” ~Donald J. Boudreaux

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New Studies Show How Business Taxes Hurt Average Americans

– October 7, 2023

“Congress’s new tax increases on business couldn’t come at a worse time: right when business is still recovering from the supply-chain shocks of the pandemic and wages fail to keep pace with inflation.” ~Jason Sorens

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Lina Khan’s Anti-Progress Paradox

– October 5, 2023

“If Amazon can be sued by the FTC for the success it has achieved in catering to customers and enabling the sales of third-party sellers, what chance does a small business have for crafting its own strategies and having autonomy over its own operations and distribution networks?” ~Kimberlee Josephson

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Inflationary Growth is Fake News

– October 4, 2023

“Economic growth means more output. Comparatively less money chases comparatively more goods. All else equal, prices across the economy should fall.” ~Alexander W. Salter

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Wishful (Protectionist) Thinking 

– September 28, 2023

“Specialization and productivity increase when the market’s size extends across national borders. But tariffs reduce the extent of the market and thereby reduce specialization.” ~Paul Mueller

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Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

– September 27, 2023

“We are wealthier now, not because we earn more but because we trade less of our time for goods. The real ‘superabundance’ comes not from ample money or wealth but ample leisure time.” ~David Gillette and Lauren Frazier

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The Multiyear Decline in US Economic Freedom

– September 25, 2023

“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman

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Taxation as Social Justice

– September 24, 2023

“The goal is not to raise revenue so we can support the poor; instead, the US is pursuing the simpler goal of eliminating private concentrations of wealth.” ~Michael Munger

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Beware of Mistaking Artifacts for Economic Realities

– September 21, 2023

“Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the accounting conventions used to record international commercial transactions should be sufficient to calm the fears that arise whenever this accounting artifact shows a deficit.” ~Donald J. Boudreaux

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David Malpass on Inflation and Slow Growth

– September 16, 2023

“If we try to push supply-side economics as an inflation-reduction strategy, we’re setting ourselves up for failure by banking on a problem that’s largely solved.” ~ Alexander W. Salter

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Economic Parasites: Their Gain, Your Pain

– August 18, 2023

“Just as biological parasites try to hide in the recesses of host bodies, economic parasites try to hide in the recesses of the body politic. Some, like leeches, cling tenaciously when exposed to the light. Others, like hookworms, feed deep in the belly of the economic beast.” ~ Robert E. Wright

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Maui Needs Speculators

– August 18, 2023

“Some affected individuals would undoubtedly prefer to take a payout and move on rather than incur the expense of renting/purchasing a temporary domicile until the reconstruction is complete.” ~ Peter C. Earle

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