Category: Economics
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Economic competition isn’t like sports
Economic competition and sporting competition aren’t the same thing.
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Why Washington only cut $38 billion: A public choice perspective
Public choice economics helps explain why cutting spending is difficult.
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Liberals and economic knowledge
Who might you guess is better informed on issues of economics: liberals who promote government intervention in the economy, or conservatives and libertarians who oppose it?
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There are a lot of government employees
Government employment is growing, at the expense of the private sector and the strength of our economy.
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Latest public pension fund data show taxpayers still on hook for trillions
Despite pension fund investment gains in 2010, taxpayers still owe state and municipal workers trillions of dollars for promised benefits no matter how much funds earn during the next 30 years.
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Quantitative easing: another round?
Another round of expansionist monetary policy in the form of quantitative easing 3 could be on the way.
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Please feel free to ignore Lou Dobbs
Television personality Lou Dobbs promotes an economic fallacy: that destruction holds the seeds of economic progress.
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Speculators selfishly provide a public service
Speculators are selfish people, acting only to make as much profit as possible for themselves without concern for the welfare of others. By doing so, they provide a valuable public service.
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Brinkmanship with jobs
Welcome to the new world of economic development — playing brinkmanship with job, writes Wichita state University’s H. Edward Flentje.
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Tax increment financing: TIF has a cost
Supporters of tax increment financing, or TIF, claim that it has no costs. This is true only if one ignores their secondary effects and economic reality.
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Wind power again reaps subsidy
Despite poor economics, wind power again reaps taxpayer subsidy.