A growing economy creates jobs, raises living standards, maintains global competitiveness, and thus engenders positive attitudes and optimism about the future.
While many policymakers seem intent on focusing on either economic stimulus or austerity, IPI believes that the economy can grow consistently and at higher rates than we’ve experienced in the last decade, and we reject the idea that economic growth contains within itself the seeds of its own demise through inflation, the business cycle, and erroneous Phillips Curve assumptions. Therefore, economic growth should be elected officials’ primary policy goal at the federal, state and local levels, and it’s the organizing principle of our policy work at IPI.
Whatever limitations may exist on economic growth, they should not be self-imposed through counterproductive tax policy, overbearing regulations, ill-conceived monetary policy, trade protectionism, or hostility toward skilled and ambitious immigration.
Making 'Cents' of the Gender Pay Gap
We will hear a lot about a "gender pay gap" in this election cycle. We explain why almost all of the claims are wrong.
World Wi-Fi Day and the Value of Unlicensed Spectrum
You can be forgiven for not knowing that today is World Wi-Fi Day, but you’re certainly aware of the importance of wi-fi to our modern economy and lifestyles. That’s why it’s concerning that Congress has allowed the FCC’s authority to auction and allocate spectrum to lapse. Congress should prioritize restoring the FCC’s authority with the recognition that unlicensed spectrum is also of immense economic value to the economy.
Inflation Report: Milton Friedman 1, Modern Monetary Theory 0
Inflation is slowing as the money supply declines. Milton Friedman hit a home run; Modern Monetary Theorists struck out.
Coalition Letter in Support of Capital Gains Indexing
Government should not profit from inflation. The costs basis for capital gains should be indexed to inflation, like other income taxes.
Even in Conservative Texas, Lawmakers Limit Free Market
Spirits regulation is just another policy area in which reality doesn’t match the rhetoric from supposedly free-market, limited-government Texas politicians.
Tariffs: The Most Insidious Tax of All
Trump's tariffs, which Biden has retained, have cost Americans—not other countries—billions of dollars.
Trump's Tariffs Swelled the Swamp
Trump's tariffs, which Biden has retained, have cost Americans—not other countries—billions of dollars.
The Worst of the Biden Tax Increases
There are a number of candidates for the title of "Worst Tax Increases" in Biden's new tax proposals. Here's my two worst options.
Modern Monetary Theory, RIP
Modern Monetary Theory has been put to the test thanks to President Biden and the Democrats. How's that working for us?
Texans Should Be Able to Gamble Here, as Long as We Avoid These Problems with Casinos
Texas can live up to both its culture and its aspirations and reap the rewards of both by allowing casino gambling in a prudent way that neither allows political corruption nor violates community standards.
Total Records: 607
