Browsing All posts tagged under »Orphe Divounguy«

The economist: Government trying to stimulate a rise in total fertility rates?

September 20, 2010 by


On Sept. 16th, 2010, The economist published an article entitled: an excercise in fertility In Asia’s “little tigers”, big families went out of vogue decades ago, and have stayed there Whose to blame for the decline in fertility rates in the rich economies of south east Asia? It is true that as income grows, the […]

The Job-killing impact of Minimum wage laws!

June 14, 2010 by


The effect of minimum wage laws should be clear even to the least versed in economic theory among us. Minimum wage laws are a mandatory increase in the cost of filling new positions. When the cost of filling a job opening exceeds the value from filling that position, assuming rational behavior, businesses will choose not […]

The European masses now understand the dangers of bailouts but will politicians listen?

May 12, 2010 by


Written By Orphe Pierre Divounguy The European masses are now showing their discontent with financial bailouts but will politicians finally listen?  The German people are turning away from Chancellor Merkel ruling party, the Irish people attempt to storm their parliament, and the British ousted the labor party Prime Minister.  Europeans are finally saying enough with bad governance, enough […]

Chairman of the House Ways and Means Committee Sandy Levin (D-Mich) “flip flops”! America, Who’s looking out for you?

April 21, 2010 by


“House Ways and Means Chairman Sandy Levin (D-Mich.) on Monday said tax cuts benefiting the wealthy and enacted under President George W. Bush will expire at the end of the year…”  I thought this was the same congressman Levin who wanted to extend the Bush tax cuts because job creation was his priority!  At least that was what […]

Nobel Prize economist Dr Mundell and Dr Laffer prescribe tax cuts!

April 14, 2010 by


CNBC The Kudlow report with prominent economists Dr Mundell and Dr Laffer According to Dr Mundell and Dr Laffer, the best way to pay off the debt is to get Americans back to work by cutting taxes! “Over time, increased growth will contribute to paying off the debt” – recipient of the Nobel Prize in […]

Preserving the American Dream: Free markets vs Government intervention and everything else in between…

April 6, 2010 by


By Orphe P. Divounguy On April 5th 2010 5:30pm, I attended a lecture by prominent economist Irwin M Stelzer, co-founder and former president of National Economic Research Associates, senior director and fellow of the Hudson Institute, former resident scholar and director of regulatory policy studies at the American Enterprise Institute.  Irwin M Stelzer is a […]

Fiscal responsibility and/or madness? Lithuania, a case for the Laffer curve!

April 5, 2010 by


By Orphe P. Divounguy On April1 2010, the New York Times published an article entitled “From Lithuania, a view of Austerity’s cost”.  Lithuania, a highly indebted country took stringent measures to balance its budget.  The Lithuanian government cut spending drastically by slashing public sector wages and reducing pensions.  Although I would like to praise them […]