All Posts Tagged With: "Saving"

Taxing Investment

The income tax double-taxes saving relative to consumption, that is, reduces the returns to saving twice, while reducing the returns to consumption just once.

23Jan2012 | Roy Cordato | 13 comments | Continued

Naive Keynesianism: A Failure of Imagination

Each of us has a set of peeves—things that disproportionately irritate us. By their nature, most peeves are small. For example, I bristle at the failure to use hyphens correctly. As my late, great teacher Fritz Machlup pointed out, a foreign exchange student is typically not a foreign-exchange student. The first is a student studying [...]

21Apr2011 | Donald J. Boudreaux | 8 comments | Continued

Capital Letters, March 2010

Is Intellectual Property Real Property? I feel I must respond to Kevin Carson’s article “How ‘Intellectual Property’ Impedes Competition” (The Freeman, October 2009). In his article Mr. Carson suggests that intellectual property is different than real property in that real property comes into existence in limited supply. I do not believe this to be true [...]

23Feb2010 | mnolan | 2 comments | Continued

Saving Is Killing the Economy?

In the midst of the current recession, many of the oldest fallacies in economics are making a comeback. In a column titled “Why Saving is Killing the Economy,” senior writer Chris Isidore repeats one of the oldest: that the key to economic recovery or growth is consumption and that saving retards that process. Isidore states [...]

19Aug2009 | Steven Horwitz | 6 comments | Continued

Krugman Watch, cont'd.

[I]t’s clear that when it comes to economic stimulus, public [taxpayer] spending provides much more bang for the buck than tax cuts — and therefore costs less per job created … — because a large fraction of any tax cut will simply be saved. –“Bad Faith Economics” And saving has absolutely nothing to do with [...]

26Jan2009 | Sheldon Richman | 2 comments | Continued

Save Us from Government Spending

If you’re a glutton for torment as I am, you watch cable-TV news shows most nights. These days the shows are feeding viewers a steady diet of 100-proof Keynesianism as the cure for our economic woes. Leading in this department is Chris Matthews of MSNBC’s “Hardball.” (I call it “Nerf Ball.” Matthews’s idea of a [...]

14Nov2008 | Sheldon Richman | 0 comments | Continued

So Now Saving Is Bad

Keynes is back! Unfortunately. If you want to make sense of most of the reporting and commentary on the econony these days, you have to realize that most reporters and commentators and politicians are working from the Keynesian position that, as Paul Krugman puts it, “[I]ndividual virtue can be public vice… attempts by consumers to [...]

13Nov2008 | Sheldon Richman | 0 comments | Continued

Saving Hunky Town

Arthur Foulkes is a freelance writer living in Indiana. It’s called “Hunky Town”—a small area of our city known for its large Hungarian population in the early 1900s. Now it’s just another poor neighborhood. “I sometimes forget parts of town like this exist,” my wife said as we watched the shabby homes, broken fences, and [...]

1Oct2003 | Arthur E. Foulkes | 1 comment | Continued

Airline Protectionism Hurts Travelers

In one form or another the U.S. government has regulated the domestic airline industry since 1930. The imposition of various rules and regulations has kept the industry from becoming as efficient as it might have become had it evolved in a free market. While many controls ended in 1978 and the Civil Aeronautics Board (CAB) [...]

1Oct2002 | and and Paul A. Cleveland | 1 comment | Continued

Free Marketers Miss Opportunity at AEA Meetings

Dr. Skousen is an economist at Rollins College, Department of Economics, Winter Park, Florida 32789, and editor of Forecasts & Strategies, one of the largest investment newsletters in the country. The third edition of his book Economics of a Pure Gold Standard has recently been published by FEE. People saved more and we had a [...]

1Apr1998 | Mark Skousen | 0 comments | Continued

Learn to Earn

Philip Murray is an associate professor of economics at Webber College in Babson Park, Florida. If anyone doesn’t know U.S. economic history or how exciting business can be, wait until this book makes its mark. Although Peter Lynch and John Rothchild direct this book to a young audience, older readers will also find several worthwhile [...]

1Nov1996 | Philip R. Murray | 0 comments | Continued

The Longer We Live

Mr. Rucker is President of The Eddy-Rucker-Nickels Company, Management Consultants. The difficulty of satisfying immediate needs during our working lives leaves many of us with little time to think of the economic challenge of retirement. But the challenge stands. Just now the senior citizens of the United States number more than 12.5 million; population experts [...]

1Feb1956 | Allen W. Rucker | 0 comments | Continued
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