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.
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Tax Avoidance Is Patriotic
Tax avoidance is not a global problem. It’s a tool for fighting big-spending liberals.
Further Abandoning the Rule-of-Law
Yet again, the Obama administration has operated outside of the rule-of-law, which makes the US a less certain place for investment.
San Jose Paper's Howler: Jerry Brown Is Notoriously Frugal
Jerry Brown is frugal — "notoriously" so — in making productive resources of people who want to work available to California's employers. No wonder Dr. Merrill Matthews at the Institute for Policy Innovation is so pleased for his home state of Texas today.
The California Governor's Plan to Create More Jobs in Texas
The governor doing more than anyone to create Texas jobs is Jerry Brown.
A Picture of the Obama Economy
If a picture is worth a thousand words, so is a graph. We have compiled several graphs that convey a picture of the Obama economy, and it isn't pretty.
Picture Imperfect: Economic Graphs Tell Story of Obama's Failed Policies
If a picture is worth a thousand words, so are economic graphs, which can tell an economic story better than the raw data. IPI's new publication “Trend Tracker: A Picture of the Obama Economy” uses 10 charts to illustrate economic and political trends. There has been widespread concern President Obama's policies have led to years of tepid economic growth that have hurt the middle class; the graphs seem to verify those concerns.
Is China Ready For Supply-Side Economics?
Chinese President Xi Jinping raised eyebrows when he recently announced that his new slogan would be “supply-side structural reform" - or Reaganomics.
Letter to New Hampshire Legislature Regarding Expanding Municipal Networks
Expanding municipal networks is not only unnecessary but potentially risky, It would enable local governments to expand outside of their appropriate sphere and into the illegitimate role of competing with the private sector.
Bold Policy Reforms for the 2016 Election
Challenging times require bold reforms, but very few political candidates have proposed any. With this paper we try to fill that gap by identifying five reforms that would solve current problems, spur economic growth and return power and money to the states and the people.
Five Bold Policy Reforms 2016 Candidates Should Embrace
House Speaker Paul Ryan says Republican candidates are looking for bold policy reforms. IPI has responded with proposals that reduce the size and scope of government, empower people and states to make their own decisions, and keep more money in the private sector rather than the public sector.
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