Last week I interviewed economist Steve Moore at a conference with conservative leaders. While the capital markets sell-off and bad coronavirus news had not yet had hit galeforce levels, as it has this week, they were looming. I’m posting this to remind us that even in the face of fierce headwinds, the United States has entered this troubling time riding Read More ›
If there is one thing about which most economists understand and agree it’s the law of supply and demand. A derivative of that law is that demand and velocity of transactions tend to diminish as costs increase. While few individuals disagree about this, many in the collective body of economists have become so politicized that when it comes to the cost of variables such as taxes and regulations, that consensus all but vanishes.
In an interview with Ross Reynolds on KUOW-FM – MP3 audio file here – Washington Governor Chris Gregoire said it was “very likely” that tolling would be applied to the new deep bored tunnel planned to replace the seismically vulnerable Alaskan Way Viaduct on State Route 99 in Seattle. (A state rendering of the bored tunnel’s cross-section is below, right.) Read More ›
This article, published by the Vancouver Sun, mentions Discovery Institute Fellow Bruce Agnew: Increasingly, the politicians of Cascadia are trying to cooperate, particularly on transportation and ecological issues and occasionally economic ones, says Bruce Agnew, policy director for Seattle’s influential Cascadia Center. The rest of the article can be found here.
Original Article Within minutes of the start of the third presidential debate, Sen. John Kerry mentioned outsourcing three times. It’s been his favorite word and economic lodestar since his Iowa primary victory last winter. In Kerry’s world, CEOs who use foreign labor are “Benedict Arnolds” for their efforts to succeed in the global economy. Media have obliged Kerry’s outsourcing Read More ›
The reason President Bush’s tax cut proposal is in trouble is not that it is too big, but because it is not bold enough in removing all taxes from saving and investment. The tax cut debate has clearly shown that among opinion leaders and member of Congress, the split is roughly equal between those who understand how the economy works Read More ›
Will the new Bush economic team succeed? The short answer is yes, and here’s why. John Snow and Stephen Friedman have been brought on as Treasury Secretary and head of the National Economic Council not so much to make policy as to sell it. They have reputations as consensus builders, and for being effective advocates for their policies. Critics of Read More ›