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This video by prominent Washington DC based Economist Daniel Mitchell demonstrates that only spending cuts and not an increase in the tax burden are needed to balance the budget. Although the video refers to an increasingly ”big government” America, the same issue plagues most European countries and particularly the United Kingdom. While the new UK conservative government has the good […]
September 23, 2010
by Orphe Divounguy
Policymakers around the globe are still wondering how to reform the banking sector, instead of more worthless regulatory schemes, we now have the answer: Limited Purpose Banking as presented by Dr. Larry Kotlikoff in his book Jimmy Stewart is Dead: Ending the World’s Ongoing Financial Plague with Limited Purpose Banking. Dr Larry Kotlikoff and Orphe Divounguy […]
September 1, 2010
by Orphe Divounguy
Written by Orphe P. Divounguy In May 2010, something really odd happened: our “great” allies from the other side of the pond decided on a coalition government between a Conservative party, usually the party associated with lower spending/taxes, and the Liberal-Democrats that promised anything but fiscal adjustments. The Conservatives promised to cut government spending, and […]
August 9, 2010
by Orphe Divounguy
Governments seem to have forgotten that picking industrial winners nearly always fails. Government intervention seems to have become a global phenomenon. Long gone are the fears of unintended consequences. The last major financial crisis has been used by politicians to make the concept of a “nanny state” more and more acceptable. The economist makes a compelling argument why […]
October 5, 2010
by Orphe Divounguy
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