economic growth

Would North Carolina be a better place without an income tax? A recent Bankrate.com article compared the nine states that forgo broad-based personal income taxes with the rest of…

There is a simple equation that every first-semester student in macroeconomics learns. It is the equation for measuring gross domestic product or GDP. GDP is used to measure the size…

America has always been a country on the move. Across the ocean, across the continent, and, for decades after the frontier officially closed, Americans have moved away from (and often…

On many different occasions, I have argued that, from an economics perspective, North Carolina should abolish its tax on capital gains. But leaving economic analysis aside, assuming that…

If the supply of oil goes up, the price of oil and gasoline falls. If the supply of oranges goes up, the price of oranges and orange juice goes down.

Recent tax reform passed by Republicans in Congress and enthusiastically signed by President Trump, went a long way toward fixing what had become a federal tax system that was discouraging…

In the media and among pundits, the term “trickle-down economics” is used a lot. The expression was reportedly first used in the 1930s by Will Rogers and was later adopted…

Hundreds of years separate Jean Jacques Rousseau and Dave Ramsey, but they share a common approach to finances. In the Social Contract, Rousseau writes that the “most important maxim…

Over the years I’ve written several articles about the differences between economic growth and economic development. I have pointed out that, in terms of practical policy, emphasis on one or…

LinkedIn co-founder Reid Hoffman has one of the best podcasts around, Masters of Scale. He recently interviewed Peter Thiel (transcript) about their shared experiences at PayPal and how…