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.
Global Capitalists Meet in Davos to Extol Global Socialism
At least some World Economic Forum attendees think we have reached "peak laissez-faire," meaning it's time to give government more control over our economies and our liberties.
A Balanced Assessment of the U.S.- China Trade Deal
One of the president's top trade advisors sees nothing but positives from imposing tariffs. A more balanced view sees some positives, but many negatives.
The Blue-State Exodus Gains Momentum
It was only a matter of time before both businesses and individuals began voting with their feet. And that time has apparently come.
Are Fossil Fuels an Ethical Investment?
America has become the world’s leading energy producer. That fact has improved both our lives and our economy. Investing in the companies that make prosperity and national security possible isn’t just ethical, it’s commendable.
Chairman Pai's Proposed Auction Is Law and Good Policy
Perhaps the day will come when a new process could supplant the FCC-led public auction process for re-purposing spectrum. But this aspiration for long-term spectrum policy is not the world we have today.
Why is Texas Acting Like a Blue State and Trying to Stop T-Mobile-Sprint Merger?
Texas should be leading the fight to increase competition in the wireless space, not acting as a roadblock to the will of the free market.
Does the Bible Teach Socialism? Yes, Say the Democrats
Democrats increasingly defend their embrace of socialism by claiming the Bible teaches it.
Don't Cut the Payroll Tax, Unless...
A temporary cut in payroll taxes creates a unique opportunity to implement one of our favorite pro-growth policy ideas—personal retirement accounts.
The Recession Threat Is Real
President Trump and administration officials are downplaying fears of a recession. While a recession isn't imminent, the threat is very real.
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