Tag Archives: Government

Total dependence on free markets is illusionary

Many conservative Republicans, Tea Party supporters and their sympathizers in the media have total faith in free markets to solve all problems in the economy. Their constant rhetoric on free markets has become even louder since the last severe recession. … Read More

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Some simple principles on taxes for policy makers to consider

My purpose here is to lay out some simple economic principles which policy makers at all levels of government may consider before proposing new taxes or tax increases on different products, notwithstanding the fact that we do need tax revenue … Read More

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Are unions responsible for the current budget crises in states?

Many conservative groups, many Republicans and some Democrats think that unions in this country are very much responsible for increasing cost of production, decreasing competitiveness of American products in international markets, slow economic growth and hence high unemployment rates. In … Read More

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