In a very timely new article in The Weekly Standard, “The Ultimate Stimulus? World War Two and Economic Growth,” Arthur Herman refutes the Keynesian economics myth that Big Government spending during World War II ended the Great Depression. In so doing, he bases his analysis on the path-breaking work of Independent Institute Senior Fellow…
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In “Stimulus price tag once again lurches higher,” Stephen Dinan reports in the Washington Times that according to the Congressional Budget Office, the cost of Obama’s “economic stimulus” package (American Recovery and Reinvestment Act of 2009 or ARRA) has now risen by another $40 billion. Congress’s chief scorekeeper said Wednesday that the price tag…
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In an incisive, recent article in the Wall Street Journal, Sara Murray reports that: “Efforts to tame America’s ballooning budget deficit could soon confront a daunting reality: Nearly half of all Americans live in a household in which someone receives government benefits, more than at any time in history. “At the same time, the…
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In her September 4th article in the Wall Street Journal, “How Government Unions Became so Powerful,” Amity Shlaes traces how federal protectionism, collective bargaining, and striking powers for public-sector unions have created government labor monopolies for which private workers are forced to pay ever higher taxes for generous pensions and other benefits: “This weekend…
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Independent Institute Senior Fellow William F. Shughart II‘s new article, “We must cut taxes, curb spending and crimp regulations,” is being syndicated by McClatchy-Tribune Information Services to newspapers across the United States and Canada, including the Sacramento Bee, Lexington Herald-Leader, Standard Times (Bedford, MA), Bellingham Herald, Albany Times-Union, Guelph Mercury, Kitchener Record, etc. “The…
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