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Displaying: 33 - 60 of 60 items.
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Adam Smith in 10 Minutes
16 August 2010, professor Chris Berry
In this 10 minute talk, Professor Berry describes the making of the man Adam Smith, the global significance of his writing and explains why Smith's work still resonates with us today.
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Europe: What Future?
28 July 2010, Dr Robin Harris
The pretense that the European Union is successful and stable—and that the euro is a successful and stable currency—has been exploded by events surrounding the financial bailout of Greece. No one knows where the contagion will spread or how it may end. The world’s financial markets have occasionally teetered on the edge of panic.
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"Mostly Free" - The Startling Decline of America's Economic Freedom and What to Do About It
26 July 2010, Terry Miller and Kim R Holmes
In 2010, for the first time ever, the United States has fallen from the ranks of the economically “free” as
measured by the Index of Economic Freedom, published annually by The Heritage Foundation and The Wall
Street Journal.
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When Ideas Have Sex
19 July 2010, Matt Ridley
British author Matt Ridley argues that, through history, the engine of human progress and prosperity has been, and is, "ideas having sex with each other."
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The Rahn Curve and the Growth-Maximizing Level of Government
19 July 2010, Centre for Freedom and Prosperity
Government spending can promote economic growth if money is used for core "public goods" such as rule of law and property rights. But the burden of government spending in the United States and other industrialized nations is far higher than needed to finance such activities.
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Put Arizona on a Real Budget: New Spending Limit can Restore State’s Fiscal Health
18 May 2010, Byron Schlomach
As recently as 2006, state revenue was climbing nearly 17 percent per year and few imagined that Arizona could be facing today’s financial crisis. Flush with cash, the state had three consecutive years of double-digit spending growth.
The state’s fiscal fortunes changed quickly. December 2009 was the 17th month in a row of double-digit tax revenue declines, consuming the state’s savings and putting Arizona $1 billion in debt just to maintain day-to-day operations.
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Is California a Failed State: What are the Implications for Colorado and the Nation?
17 May 2010, Barry W Poulson
A failed state is a state that is not sustainable. There are many factors that could undermine sustainability, but among of the most important are failed fiscal policies. The best indicator of such failure is when deficits and debt are increasing more rapidly than the private economy. The private economy will then not be able to generate the revenue required to service that debt.
By this measure, California is a failed state.
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The Folly of Currency Pegs
6 May 2010, John H Makin
The current flap over the sustainability of Greece's membership in the European Economic and Monetary Union (EMU) is reminiscent, in many ways, of the events leading up to the collapse of the Bretton Woods system--another ultimately untenable currency regime--which was put into place after World War II and terminated by the break of the dollar's link to gold after August 1971.
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Behind the Curtain: Assessing the Case for National Curriculum Standards
19 March 2010, Neal McCluskey
The argument for national curriculum standards sounds simple: set high standards, make all schools meet them, and watch American students achieve at high levels. It is straightforward and compelling, and it is driving a sea change in American education policy.
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School Choice in Sweden: An Interview with Thomas Idergard of Timbro
8 March 2010, Dan Lips
American policymakers on the Left and the Right may be surprised to learn that a universal school choice program has taken hold in Sweden. The Heritage Foundation interviewed Thomas Idergard, Program Director of Welfare and Reform Strategy Studies at Timbro, a free-market think tank based in Stockholm.
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Economics 101 on "Learning From Sweden's Free Market Renaissance"
8 March 2010, Centre for Freedom and Prosperity Foundation
Sweden is a powerful example of the importance of public policy. The Nordic nation became rich between 1870 and 1970 when government was very small, but then began to stagnate as welfare state policies were implemented in the 1970s and 1980s. The CF&P Foundation video explains that Sweden is now shifting back to economic freedom in hopes of undoing the damage caused by an excessive welfare state
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The Failure of Anti-Money Laundering Laws
22 February 2010, Centre for Freedom and Prosperity Foundation
This Center for Freedom and Prosperity video examines anti-money laundering laws and finds that they are expensive and intrusive. These costs might be acceptable if the result was less crime, but this mini-documentary reveals that anti-money laundering policies are ineffective. As a former Reagan Administration official remarked, they undermine the fight against crime by misallocating law enforcement resources.
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Milton Friedman on Steel Tariffs and Trade in 1978
1 February 2010, Milton Friedman
Milton Friedman gives a concise and lucid argument for free trade at Utah State University in 1978.
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Economics 101 on "Moral Hazard"
11 January 2010, Center for Freedom and Prosperity Foundation
A new video released by the Center for Freedom and Prosperity Foundation is the first in their "Economics 101" video series, a project designed to educate students, young people, and the general public about basic free market principles. This first video deals with the concept of "Moral Hazard."
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America's Fiscal Crisis Is Excessive Government, not Rising Debt
15 December 2009, Centre for Freedom and Prosperity Foundation
In this CF&P Foundation video entitled, "Deficits are Bad, but the Real Problem is Spending," Dan Mitchell of the Cato Institute explains that huge deficits and skyrocketing debt are rightly causing worry, but these are merely symptoms of the real problem of excessive government spending.
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Green Poverty - The Greenpeace Strategy on Forestry and Climate Change
11 December 2009, Green Poverty
Greenpeace has been active in the global climate change negotiations.
Its public message is “Stop Deforestation — save
the Climate.” But this is not the Greenpeace forestry strategy.
It is, as it was long before climate change became a global
issue, to “halt commercial forestry” everywhere.
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Feeble Critiques: Capitalism's Petty Detractors
10 November 2009, Jagdish Bhagwati
When the twin crises erupted on Wall Street and Main Street, each one of them fierce in itself but far more frightening when they interacted, populists rushed forward to celebrate the demise of capitalism and, for added gratification, plunge their pitchforks into its dead corpse. Since then, they have had their champagne parties. By now, however, the fizz is gone and the rush to judgment by capitalism’s obituarists has left us with tattered myths and egregious fallacies that invite scrutiny and refutation.
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Roger Kerr - The People, Writers and Thinkers who Influenced His Ideas
31 October 2009, Chris Laidlaw and Roger Kerr
Chris Laidlaw interviews Roger Kerr on the people, writers and thinkers who have influenced his ideas.
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Setting the Record Straight on Colorado's Taxpayer Bill of Rights
30 October 2009, J. Scott Moody and Barry W. Poulson, Ph.D
As time draws closer for Mainers to pass the Taxpayer Bill of Rights (Question 4) on November 3, the rhetoric from the opponents grows more detached from reality.[1] When discussing Colorado’s Taxpayers Bill of Rights, opponents use terms such as “devastating” to describe its impact on Colorado’s economy and government. However, an objective look at the data tells a much different story.
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How Big Are Fiscal Multipliers?
22 October 2009, Ethan Ilzetzki, Enrique G Mendoza and Carlos A Vegh
As fiscal stimulus packages were hastily put
together around the world last spring, one could
not have been blamed for thinking that there
must be some broad agreement in the profession
regarding the size of the fiscal multipliers.
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Capitalism: A True Love Story
13 October 2009, Steve Forbes
Well before the economic crisis intensified the drumbeat against "greed" and "free markets" on the part of the media and politicians, many people, including an astonishing number in business itself, didn't have a clear understanding of just what constitutes a "free" market. This is why they blame capitalism for economic disasters, such as the recent mortgage meltdown and the astronomical cost of health insurance, when those disasters have in fact been caused by the government's not allowing markets to function.
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No Longer Us Versus Them - Trade Policy for the 21st Century
17 September 2009, Daniel Ikenson
The removal of political and technological barriers totrade over the past two decades has had huge ramifications. In the new globalised economy, a product might be designed by teams in the USA and India, have components produced in Thailand, Poland and Mexico, while final assembly takes place in China, from where it is distributed to millions of consumers around the world. The benefits, equally widespread, include: better, less expensive products, more rewarding and higher paying jobs, and economic growth
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A Real Education Revolution:Options for voucher funding reform
17 August 2009, Julie Novak
The federal government's 'education revolution' perpetuates the waste inefficiency and perverse incentives that come with funding micro-management.
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Does Technological Diffusion Explain Australia’s Productivity Performance?
19 February 2008, Thierry Tressel
This paper analyzes the impact of product and labor market policies on technologicaldiffusion and multi-factor productivity (MFP) in a panel of industries in 15 OECD countriesover the period 1980 to 2003, with a special focus on Australia.
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Is poor household saving the
cause of New Zealand's high
current account deficit?
1 February 2008, Bryce Wilkinson and Trinh Le
The current account deficit in the balance of payments has frequently surfaced inpublic policy debate, with many commentators asserting that low householdsaving is a major cause of these deficits. Yet, in standard macroeconomic theory,both the current account balance and household saving are endogenous, so onecannot 'cause' the other.
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The Iceland Tax System
14 August 2007, Hannes Gissurarson, Ph.D. and Daniel J. Mitchell, Ph.D.
Market-oriented tax policy has played a key role in Iceland's rebirth. Major tax
reforms include slashing the corporate tax rate from 50 percent to 18 percent,
abolition of the wealth tax, a low-rate 10 percent flat tax on capital income, and
an intermediate-rate 36 percent flat tax on labor income. These supply-side
reforms, along with policies such as privatization and deregulation, have yielded
predictable results. Incomes are rising, unemployment is almost nonexistent, and
the government is collecting more revenue from a larger tax base.
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Swedish Parents Enjoy School Choice
5 October 2004, Mike Baker
Sweden's school choice system was introduced in 1992. It is based on a virtual "voucher" which is equivalent in value to the average cost of educating a child in the local state school.
Parents can use this "voucher" to "buy" a place at the school of their choice. The idea is that funding follows the pupil and, in this way, the state supports the schools that are most popular with parents.
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Voucher Lessons from Sweden
3 March 2003, Robert Holand
School choice has come to Sweden in a big way over the past 10 years, confounding widespread perceptions of the Swedes as statists and providing inspiration for supporters of market-based education reform in the U.S.
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