Debt is Debt. Investment for Growth is “Good”

In Paul Krugman’s column in the New York Times yesterday, the headline asserted “Debt is Good.” At the risk of nitpicking over an otherwise excellent article, is debt really “good”? Debt can be used to finance all kinds of things – such as routine government expenditures or unnecessary foreign wars. As most economics majors will…

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To Help Address Inequality, Invest for Growth

Democrats in particular often have a tendency to lose sight of the big picture. Hillary Clinton’s economic proposals are a case in point: a whole laundry list of initiatives, many of them important and worthy, but nonereally getting to the heart of the core issue facing America – which is stagnating economic growth. The Federal…

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What Recovery? Economic Growth is Anemic

In our previous article – Progressive Taxation: Not on Hillary’s Agenda – we touched on the laundry list of proposals the Democratic front-runner was offering to help fix the economy. Many were good ideas – others like implying it is OK to tax millionaires and secretaries at the same effective rate – not so much. …

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Progressive Taxation: Not on Hillary’s Agenda

Hillary Clinton’s economic policy speech this past Monday at the New School of New York was a laundry list of progressive proposals– like raising the minimum wage, strengthening worker protections, social security and health care and investing more in infrastructure and early childhood education. See a video of her speech c-span.org. Photo credit: http://blogs.newschool.edu/news/2015/07/hillary-clinton-economic-vision/ It…

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