by Lawrence Reed Everybody knows who America’s first president was, but can you identify the country’s first economist? If any man or woman deserves that description, it is surely the one who wrote this and so much more: I propose . . . to take off every restraint and…
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President Donald Trump will present Arthur B. Laffer with the Presidential Medal of Freedom. The presentation will take place on June 19. Dr. Laffer is called the “Father of Supply-Side Economics” and is one of the most influential economists in American history, the White House said in a press…
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by Evan Osborne For almost a quarter century I have been a professor of economics at Wright State University in Dayton, Ohio. After years of working there, I have learned something about how my department’s academic radicals, who by dint of personality but not numbers have near-decisive control over…
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In the most recent N.C. Consensus Revenue Forecast, the Tarheel state boasts a revenue surplus of $150 million as well as “solid employment and wage growth.” “Results for the public and private sector are what really matter,” State House Speaker Tim Moore (R-District 111) said in a statement. “People are…
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by Alexandra Staub When large companies move into an area, politicians often proclaim how the new business will create jobs, increase tax revenues, and thus lead to economic growth. This is one reason local governments offer tax incentives to businesses willing to move in. Amazon’s decision to locate…
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by State House Majority Leader Glen Casada (R-Franklin) It won’t be listed with the candidates’ names this November, but Tennessee’s economic boom will most certainly be on the ballot. Tennesseans have an important choice on Election Day: we can either back Donald Trump’s agenda of economic prosperity or fall…
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President Donald Trump will hold a Make America Great Again (MAGA) midterm rally Oct. 1 in Johnson City. The rally will be the president’s sixth in Tennessee – and first in Johnson City – since he began his first presidential race in June 2015, his campaign announced Monday. The rally…
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Sen. Lamar Alexander (R-TN) bemoaned President Trump’s “shot to the foot’” over tariffs on Fox News’ Journal Editorial Report. Tennessee’s senior senator, praising globalism, introduced the Automotive Jobs Act of 2018 Wednesday to delay the tariffs. He said, “Zero tariffs is exactly the right policy.” He also called for an…
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by Luis Pablo De La Horra Milton Friedman is probably the most important free-market thinker of the twentieth century. His ideas in defense of capitalism and economic freedom had an enormous influence on the shift towards free-market policies that took place from the 1970s onwards. Countries like the UK, China,…
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During Monday’s broadcast of The Gill Report – live on WETR 92.3 FM in Knoxville – conservative political commentator and Tennessee Star Political Editor Steve Gill questioned whether the left truly understands the dynamics of equality and economics and how mandating the rise of minimum wage may inadvertently deplete a human…
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Media giant Gannett has compiled a list of what it says are the 50 worst cities to live in, and some of the top locations are towns where it operates newspapers, including two in Tennessee. USA TODAY compiled the list using data from 24/7 Wall Street, a website that publishes…
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by Roger W. Garrison The economics of John Maynard Keynes as taught to university sophomores for the last several decades is now nearly defunct in theory but not in practice. Keynes’s 1936 book, The General Theory of Employment, Interest, and Money, portrayed the market as fundamentally unstable and touted government as…
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by Michael Novak Capitalism, it is usually assumed, flowered around the same time as the Enlightenment–the eighteenth century–and, like the Enlightenment, entailed a diminution of organized religion. In fact, the Catholic Church of the Middle Ages was the main locus for the first flowerings of capitalism. Max Weber located…
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