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Obama, Redistribution, and Jobs: Always Wrong, Never in Doubt

Let’s dig into the issue of whether the United States should become more like France. In a 2014 study for the National Bureau of Economic Research, Stanford University’s Robert Hall wrote about America’s sub-par economic performance. His opening line was basically a preemptive refutation of Obama’s claim – made during the State-of-the-Union Address – that […]

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Obama’s Legacy? Dismal and Declining Labor Force Participation

I normally enjoy working for the Cato Institute since it’s a principled and effective organization. But every so often, my job requires an unpleasant task, and watching the State-of-the-Union Address as part of Cato’s live-tweeting program counts as one my least enjoyable experiences since joining the team. But let’s make lemonade out of lemons by […]

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More Flawed Partisan Analysis from Paul Krugman

When I get my daily email from the editorial page of the New York Times, I scroll through to see whether there’s anything on economic issues I should read. As a general rule, I skip over Paul Krugman’s writings because he’s both predictable and partisan. But every so often, his column will grab my attention, […]

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Minimum Wage Mandates Help Workers…into the Unemployment Line

As you can see from this interview, I get rather frustrated by the minimum wage debate. I’m baffled that some people don’t realize that jobs won’t be created unless it’s profitable to create them. You would think the negative effects of a higher minimum wage in Seattle would be all the evidence that’s needed, but […]

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Evil, Knee-Jerk, Wingnut Libertarians and Conservatives Are Wrong to Say Obamacare Is a Total Job Killer

Time for a mea culpa. In the past, I’ve criticized Obamacare for a variety of reasons. I’ve argued that it’s a fiscal boondoggle. I’ve pointed out that it’s grossly inconsistent with the Constitution. I’ve complained that it’s undermined the rule of law. And it undermined growth by increasing marginal tax rates. Moreover, I’ve explained how […]

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The Kansas Tax Cuts Are Working, and that’s Why Statists Are Worried

I was in Montreal last week for a conference on tax competition, where I participated in a debate about whether the corporate income tax should be abolished with my crazy left-wing friend Richard Murphy. But I don’t want to write about that debate, both because I was asked to take a position I don’t really […]

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