JANUARY 25, 2012 Individuals should be free to decide what to produce and consume, and their decisions should be made within a predictable policy framework based on the rule of law. By JOHN B. TAYLOR As this election year begins, a lot of people are wondering what we can do to restore America’s prosperity and […]
ECONOMICS FOR THE LONG RUN – THE REAGAN YEARS Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) What if government spending depresses instead of stimulates? Charles Wolf Jr. November 7, 2011, Vol. 17, No. 08 EXCERPT FROM THIS ARTICLE: Keynes assumed that the initial deficient level of aggregate demand would remain unchanged until the stimulative (“pump-priming”) effect of additional government spending kicked in. In other words,
WHERE KEYNES WENT WRONG Read More »
OCTOBER 28, 2011 Concern over future tax rates is one of the main reasons for reduced investor confidence. By ALLAN H. MELTZER Those who heaped high praise on Keynesian policies have grown silent as government spending has failed to bring an economic recovery. Except for a few diehards who want still more government spending, and
FOUR REASONS KEYNESIANS KEEP GETTING IT WRONG Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) The global debt apocalypse approaches. David M. Smick October 31, 2011, Vol. 17, No. 07 On the issue of public debt, Washington is experiencing what psychologists call “learned helplessness.” The financial news is so relentlessly terrible that people have become numb to it and assume nothing can be done
LOSING THE ECONOMIC BATTLE Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) Overrated Rumors of Barack Obama’s political skill have been greatly exaggerated. Noemie Emery October 10, 2011, Vol. 17, No. 04 EXCERPT FROM THIS ARTICLE: What went wrong in the first place was that too much went right. He never was able to learn from adversity, as he never saw
OBAMA WAS OVERRATED Read More »
OCTOBER 3, 2011, The political graveyards are full of politicians who thought that temporary, targeted economic policies would get them re-elected. By JOHN F. COGAN AND JOHN B. TAYLOR Mr. Cogan, a senior fellow at the Hoover Institution and a professor of public policy at Stanford University, served as deputy director of the Office of
STIMULUS HAS BEEN A WASHINGTON JOB KILLER Read More »
NATIONAL REVIEW ONLINE www.nationalreview.com Victor Davis Hanson October 4, 2011 Ten Lessons from Obama In less than three years Barack Obama has reversed all expectations. The election of Barack Obama brought all sorts of contradictions. A man with about the least prior executive experience in presidential history was suddenly acclaimed a “god” and the smartest
VICTOR DAVIS HANSON – TEN LESSONS FROM OBAMA Read More »
SEPTEMBER 21, 2011 Barney Frank’s Fed Packing Plan A proposal to punish the hard-money regional bank presidents. Among Washington’s modern ironies is that liberals think a Federal Reserve that is increasingly a creature of the White House and Congress has too much independence. So along comes Barney Frank with a plan to make the central
BARNEY FRANK’S PLAN TO PUNISH THE SOUND MONEY FED REGIONAL PRESIDENTS Read More »
SEPTEMBER 12, 2011 The tragedy of the failed stimulus is felt hard in minority communities. There’s a better way. By ARTHUR LAFFER Some people actually believe government can create jobs by taxing and borrowing from people with jobs and then giving that money to people without jobs. They call this demand stimulus. To make matters
ART LAFFER – HOW TO FIGHT BLACK UNEMPLOYMENT Read More »
