…was such a trenchant rebuttal of any kind of left-leaning economic philosophy. Basically, the claim is made that it was a cut in government spending, tax cuts, laissez-faire ecomomic policy,…

by Bruce Webb In a previous post I made a stab at explaining the differences in Republican and Democratic responses to the economics of stimulus by an appeal to differences…

…flimsy assumptions (supported by Laffer economics that claim tax cuts create economic growth) about getting more work if taxes are less and if progressive rates are eliminated, Hodge claims a…

…half century, wage growth is in the lowest 1.5% of the last half century, we still have extraordinarily high long-term unemployment, and a unusually high percentage of part-time employees and…

…early in the 21st Century. None of them could have been born in an earlier era. Microsoft* 1972, Apple*1976, and Oracle*1977, were instrumental in developing the power of microprocessors either…

…her work and more broadly his importance to the economics profession and more broadly the history and development of economic thought. While she published papers on her own and with…

…interstates and airports, waste water treatment, water treatment, …. These are still much a part of the way forward in this, the early 21st Century. Of late, and for some…

…history of the twentieth century, Slouching Towards Utopia, begins with the reminder that economic growth is overwhelmingly a twentieth-century phenomenon. According to the best estimate, between the birth of Jesus…

…can be used to illustrate how discord can arise over the distribution of the global benefits of economic growth. MIT economic historian Charles Kindleberger made the case in The World in…

…by their Creator with certain unalienable Rights,— also cast off the old class system of Europe.  Meanwhile, in Europe, especially in mother England, the mid-18th century saw the beginning of…