All Posts Tagged With: "fiscal stimulus"

Boom and Bust: Crisis and Response

America has experienced a classic economic boom and bust, which I first chronicled in the November 2007 Freeman. Ill-conceived policies to encourage homeownership channeled cheap credit into housing markets. Land-use and zoning policies restricted the supply of housing in key desirable markets. In The Housing Boom and Bust, Thomas Sowell of the Hoover Institution has [...]

24Feb2010 | Gerald P. O'Driscoll, Jr. | 2 comments | Continued

To Each According to His Need As He Sees It

As talk of an across-the-board cut in income tax rates fills the air, critics are apt to say that those who “need it most” will get little relief. The critics believe that wealthy people already have enough money and thus need no more. But low-income people do need more, so any tax-cut plan should primarily [...]

1May2001 | Sheldon Richman | 0 comments | Continued
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