Education
Good Teachers Matter
According to the findings of a National Bureau of Economic Research report, teaching quality is closely reflected by test scores—when looking at a teacher’s impact on students’s test score gains…
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Minimum Wage Insanity
Let’s start with sanity, some logic. Theorem: A firm cannot pay workers more than the value that they add to the firm and remain in business.Corollary 1: Imposing a…
Media
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The Stimulus and State Budgets
The Wall Street Journal had a recent editorial on the impact of the stimulus on state budgets – noting that while the legislation create a one-time bailout to states,…
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Read More: The Stimulus and State BudgetsTaxes & Economy
More Proof that Government Spending Hurts the Economy
The Tax Foundation highlights a new NBER paper by Harvard economists, “Large Changes in Fiscal Policy: Taxes Versus Spending,” which analyzes the fiscal policies of OECD countries from…
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Read More: More Proof that Government Spending Hurts the EconomyTaxes & Economy
Tax Cuts, Not Government Spending, Good for Economic Growth
There is a good piece in yesterday’s Wall Street Journal on the effect of government spending on economic growth. The conclusion is that government spending does not “stimulate” the…
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Read More: Tax Cuts, Not Government Spending, Good for Economic GrowthTaxes & Economy
Government Intervention Prolongs Recessions
Recessions are a tough time for all—many lose their jobs, family incomes shrink, and budgets are squeezed. But recessions are natural and, in the long-run, foster a stronger economy. It…
Commentary
Read More: Government Intervention Prolongs RecessionsTaxes & Economy
Which Tax Cuts Have Stimulated the Economy?
“‘We tried that, and it didn’t work,’ Obama and his partisans sneer in response to arguments that tax cuts are the key to restoring economic growth.” But as Peter…
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