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.
The Tangled Politics of Trump's Speech Blasting "Globalization"
"Dear GOP delegates: You cannot nominate someone who endorses these positions," Tom Giovanetti, the president of a free market think tank, tweeted, adding, "Trump would turn the Republican Party into the party of economic know-nothings."
Here's the President Donald Trump Most Resembles
The former Republican president who Trump most resembles isn’t Reagan, but Herbert Hoover, who served from March 1929 to March 1933, when his reelection bid was defeated by Franklin D. Roosevelt.
Obama and Clinton Attack the Middle Class
If Obama and Clinton actually worried about the middle class, they would drop their plans and get the government out of the business of choosing energy winners and losers. Because the ultimate losers will be the middle class.
The Swiss Said No To A Guaranteed Income - Conservatives Should Too
The Swiss rejected a guaranteed basic income, and the U.S.—and especially conservatives—should do so too.
President Obama Asked Us To Fact-Check His Recent Economic Speech, So We Did
He tells a good story about his economic policies—perhaps because no one else will.
2016 Election: 5 Who Win Under Trump; 5 Who Win Under Clinton
Both parties’ front-runners in the race for the presidency say they’ll grow the economy, but their plans differ. So from your wallet’s point of view, who’s better for you?
Obama's Plan To Benefit Overtime Employees By Spending More Of Other People's Money
Once again, President Obama has shown how generous he can be with other people’s money. Usually he’s dishing out taxpayers’ hard-earned dollars, but this time it’s coming from employers—an estimated $12 billion over 10 years.
Free Markets = Free Trade = Free Markets
Free markets and free trade are two sides of the same economic coin; those who claim to support free markets should also support free trade.
Only Government Could Oppose Ride-Sharing
Who could oppose a new service that is universally loved by its participants? Government, of course—especially government at its worst.
Energy-Related Carbon Emissions Are Declining--Yet Again
Energy-related carbon emissions have fallen once again, thanks to the free market.
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