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Greece, Democracy, And Magical Thinking
... cloaked in magical thinking? The magical thinking has many manifestations: the aptly named
, used to justify cutting taxes to the already-wealthy; entry into the Eurozone, a...
Read more at Zero Hedge
Foster: Red states and red ink
... cuts would pay for themselves. In the 1980 presidential campaign, Ronald Reagan supported the "
," but his primary opponent, George H.W. Bush, called the idea "voodoo economics." Bush...
Read more at The Longview News-Journal
Rand Paul comes to the rescue of America’s most v...
... last 30-some years, we are always and forever situated perilously on the downward slope of the
. And what about his spending cuts? His spokesperson “pointed to spending cuts he...
Read more at
Wall Street Journal
RICHARD RAHN: Economists for limited government m...
... revenues are two different things and tax rates that are too high bring in less revenue (the
). Despite being a professor of economics, Mr. Laffer is able to communicate in a way...
Read more at The Washington Times
Ireland ‘crazy’ on income tax, says architect of ...
... 1980s, commonly referred to as Reaganomics. His main contribution to the economics canon, the
, argues that there are diminishing returns beyond a certain “optimal” tax rate, and...
Read more at The Irish Times
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