By Erik Sass, TES Editor-in-Chief The United States is enjoying the longest period of economic growth in its history, now 127 months into the current economic expansion, with unemployment hovering around 3.5% and a GDP growth rate of 2.3% of 2019. The White House highlighted these gains – and the benefits […]
Tag: economy
Capitalism, the Most Effective Remedy for Poverty In History, Is Under Attack
By Dr. Barbara Kolm, Director, Austrian Economics Center During the annual World Economic Forum in Davos, Switzerland, which took place in January, the newest edition of the Edelman Trust Barometer was released. The results were shocking to say the least: 56 percent of respondents agreed that “capitalism as it exists today does […]
Washington Beyond the Headlines: A Tariff Is A Tax!
By Andy Blom, TES Washington Editor While the impeachment circus goes on America’s economy surges ahead, unemployment is low and conservative and center-right organizations and individuals are doing lots of work on issues and ideas that affect America, and the world. Read on, it’s a busy week (except in Congress)… Tariff Wars, […]
Ditching fuel subsidies cuts emissions without harming economy
“Removing fossil fuel subsidies reduces emissions with limited impacts on economic activity and household incomes Courtesy of ESRI New ESRI research examines how removing eight fossil fuel subsidies would impact both the economy and carbon emissions. It finds that simultaneously removing seven of them — all but the household fuel allowance — would […]
London Uber ban a “dark day”
“TfL’s effective ban on Uber represents a ‘dark day’ for consumers and drivers” By Shanker Singham, courtesy of IEA Transport for London’s effective ban on Uber in London represents a dark day for competition and progress in the UK. Uber – and other platforms like it – give consumers real alternatives […]
We Need to Defend Innovation in Latin America
By Federico Fernández, founder, Somos Innovación We live in an era where great things have happened thanks to innovation. Everybody loves innovation and recognizes that is a force for progress. With the exception of maybe North Korea, no government in the world has an official policy to prohibit innovation or harass innovative people. […]
“Brexit is not going to be the only game in town”
“What matters to voters and who do they trust in this election?” By Professor Anthony Heath, Dr Lindsay Richards and Dan Snow, courtesy of UK In a Changing Europe Historically, the state of the economy in the run-up to an election has been one of the best predictors of the outcome, and so it is not usually thought wise […]
Trade uncertainty slowing global economy
“A Fear of Regime Change is Slowing the Global Economy” By Uri Dadush, courtesy of Bruegel Institute Global GDP has slowed sharply, from near 4% in late 2017 to half that rate on an annualised basis in recent quarters. The downturn in fortunes over the last two years has come as a big surprise. […]
Keep an eye on Russian moves in Africa
“The Russia-Africa Summit: The next stage in the Kremlin’s Africa charm offensive” By Ivano di Carlo and Amanda Paul, courtesy of European Policy Centre On 23-24 October, over 40 African leaders and some 3,000 businessmen will gather in Sochi, Russia for the inaugural Russia-Africa Summit. […]