State Spending Not The Path to Growth
I wanted to bring to your attention a short report released by The Buckeye Institute for Public Policy Solutions (full disclosure: I am the president) focused on state spending burdens and their connection, or lack thereof, to economic growth. Adam Schwiebert, The Diehl Family Fellow at the Buckeye Institute, put together a short policy brief that uses a measurement know as “state spending burden” – comparing combined state | Read More »
How Phoenix, AZ Got A Bite At The Apple
So Gov. Rick Perry seems to have gotten over the entire debacle that was his run for The GOP nomination and gone back to doing what Governor Perry does well. He’s on the phone swinging deals to bring jobs and power down South to The Rio Grande. Well not quite that far South, he’s targeting Austin, TX instead. The Austin American-Statesman reveals details. Apple Inc. | Read More »
Student debt is a symptom of our lack of economic literacy
One of the failings of our public school systems is the lack of basic economic literacy of so many of our students. I am afraid this has infected our political discourse and policy making to a degree that is frightening and deeply disheartening. One prime example of this, are attempts to ignore basic things like supply and demand when making public policy. In my humble opinion, Democrats | Read More »
Keynesianism Fail: Economic Growth and Consumer Spending
In the latest video from the Center for Freedom and Prosperity, AEI’s Hiwa Alaghebandian breaks down one of the most common mistakes made by sloppier members of the media in covering the economy: the difference between gross domestic product and gross domestic income, noting that “Consumer spending generally is a consequence of growth, not the cause of growth.” Take five minutes to watch and learn.