The Dangers of Endless Quantitative Easing
Inflation readings in the United States have shot up in recent months. Labor markets are extremely tight. In one recent survey, 46% of small-business owners said they could not find workers…
Government Stats Don’t Lie: Biden Is Getting It Wrong across the Board
Today is one hell of a hump day already: New government figures show that the Biden administration is getting it wrong on the border, getting it wrong on the economy…
The GOP Needs A Pro-Growth Message and Pro-Growth Messengers
They didn’t call Ronald Reagan “The Great Communicator” just because he knew how to deliver a speech. The fact is, he—more than any president in recent memory—knew how to bring…
An Unnecessary “Stimulus”
In two Defining Ideas articles in 2009, “Who’s Afraid of Budget Deficits? I Am” and “Furman, Summers, and Taxes,” I criticized Lawrence Summers and Jason Furman, two prominent economists who worked in the Obama administration, for…
Unions Must Stop Prioritizing Politics Over Jobs
At their peak, unions represented more than a third of American workers. Now, after several decades of continuing decline, less than 10% of workers in the private sector are part…
The Opportunity-Killing Minimum Wage
“The Right Minimum Wage: $0.00.” That was the title of a 1987 editorial in a major American newspaper. The editorial stated: “There’s a virtual consensus among economists that the minimum…
Will Hate & Envy Determine Biden Administration Economic Policies?
Some people, even some very prominent economists like Nobel Prize winner Paul Krugman simply cannot get their heads around the idea that letting people keep more of what they earn…
California’s COVID Economic Recovery Task Force Provides Political Cover But Little Else
After seven months, California’s one-hundred-plus-member economic recovery task force has finished its recovery recommendation report. What could have been a game-changing opportunity to reduce the state’s high cost of living, increase…
Under Trump, U.S. Economic Growth Sets Record
The American economy is roaring back according to numbers released Thursday showing a record-breaking increase in U.S. gross domestic product of just over 33 percent on an annualized basis for…
Leaving Socialism Behind: A Lesson From Germany
The images of East Germans eagerly pouring into West Berlin on the night of November 9, 1989, have become symbols of the beginning of the end of the Cold War…
California’s tax-the-rich folly
The California Legislature is back from its summer recess and has frantically resumed its quest for new revenue sources. One of the latest ideas is Assembly Bill 1253. This proposed…
Will Stimulus Money Help Put Texas Central’s High-Speed Rail Back on Track?
Construction for a high-speed train that will zip between Dallas and Houston at more than 200 miles per hour is still in the works. But with costs estimating almost $20 billion more…
More than ever before, corporate governance matters
The coronavirus crisis has likely changed American business forever, as politicians use the deadly pandemic to push for changes that will have a major impact on how corporations operate. How…
FACE IT: THE ECONOMY UNDER TRUMP IS GREAT | OPINION
If no one ever said, “If people are talking about you, it means you’re important,” someone probably should have. It’s always been true in America, a place where hype is…
Three issues the Dems own: Wealth Gap, Health Care, and Climate Change
On most of the issues highlighting the 2020 campaign, the Republicans have a great story, especially the economy, law enforcement, foreign policy (including trade), national security, energy, and job creation.…