Being Classically Liberal

[...] become more knowledgeable yourself. The article is formatted as follows: -The Importance of Economic Growth. -Free markets and Economic Growth-Literature reviews. -Individual studies on economic [...]

[...] Economic growth is extremely important for rising incomes. Indeed, research shows that 75% of the income [...]

[...] destroying the environment, worsening working conditions, increasing unemployment, depressing economic growth, and forcing people into poverty.  Some have even argued that Capitalism is a threat to [...]

[...] , trade, commerce, and freedom are solutions, not problems. The relationship between economic growth and prosperity:  Economic growth is extremely important to humanity. As we become more [...]

[...] Less homicide Economists Edward Stringham and John Levendis examine the correlation between economic freedom and homicide in a large sample of countries and control for other relevant variables. [...]

[...] free markets cause economic growth. A review of over 40 studies on the relationship between economic freedom (capitalism) and economic growth has shown that research consistently demonstrates that [...]

[...] reduction strategy.” This excerpt is especially important because it emphasizes that economic freedom is the key ingredient in any plan to reduce poverty. Economic freedom of course refers to [...]

[...] any other country in the entire world. According to the Heritage Foundation’s Index of Economic Freedom, Singapore ranks the second freest economy in the world, with a score of 89.4 out of 100. [...]

[...] economic growth and societal well-being. However, while government spending may be initially beneficial there certainly is a tipping point whereas further spending [...]

[...] 1. GOVERNMENT SPENDING AND TAXATION If there’s one thing progressives love to say, it’s that any [...]

[...] of Employment, Interest, and Money, was published in 1936 the use of deficit financed government spending has been one of the primary means by which governments have attempted to promote growth [...]

[...] is bad for the economy. According to research from the World Bank, large amounts of government spending, especially amounts exceeding 40% of GDP, are detrimental to economic growth, even after [...]

[...] relationship between economic freedom and economic growth, and that research finds that economic liberalization leads to greater economic growth. The belief that socialism produces greater economic [...]

[...] of the manner in which most countries adopt free market reforms (also known as economic liberalization). In fact, the data shows that democracies are more likely to undergo economic [...]

[...] period 1960-2000, economists from Bocconi University compared countries which underwent economic liberalization to those that didn’t, and accounted for other relevant variables and found that, “ [...]

[...] -market economy) to a market economy (or a freer market economy), a process known as economic liberalization. For example, using data from 140 countries over the time period 1960-2000, economists [...]

[...] and productivity reacts to taxation using industry-level data from a set of OECD countries. Examines corporate taxes and top marginal income taxes. Negative effect of [...]

[...] , Brys, Johansson, and Vartia (2008) Examined the effect of taxes on economic growth in 21 OECD countries during the time period of 1971-2004. Negative “Corporate taxes are found to be most harmful [...]

[...] causes slower economic growth in poor countries, but it increases growth in rich countries (OECD countries). Economist Semih Baris examined how inequality affected growth in developing and developed [...]

[...] 3%. Turkey’s gew at 2.8%, Israel at 1.4%, etc. The U.S is performing better than most OECD countries, but it’s not #1. And the fact that the U.S is doing better than most OECD members [...]

[...] that inequality causes financial crashes?  Well, researchers from the National Bureau of Economic Research decided to empirically examine this belief. Using data from 14 developed countries between [...]

[...] just as much as the average person. Also, in a paper published by the National Bureau of Economic Research, two economists found that global poverty has been decreasing substantially over time as a [...]

[...] workers. However, a re-evaluation of their study by economists at the National Bureau of Economic Research found significant flaws in their methodology, that, when corrected, yielded results which [...]

[...] by both male and female workers. [Emphasis added.]” Research from the National Bureau of Economic Research has found no wage gap among men and women in similar family roles. Additionally, a recent [...]

[...] wages are dependent on worker productivity). In a recent working paper published by the National Bureau for Economic Research, economist Laurence Kotlifoff estimates that abolishing the corporate [...]

[...] unfounded assertion, the most recent (2013) review of the evidence, published by the National Bureau of Economic Research, on the relationship between minimum wage laws and unemployment [...]

[...] individual choices being made by both male and female workers.” Also, according to the National Bureau of Economic Research: “There is no gender gap in wages among men and women with similar [...]

[...] no increase in marijuana usage whatsoever since legalization. Moreover, research from the National Bureau of Economic Research conducted research on the effects of medical marijuana laws on teen [...]

[...] more often than not argued that economic liberalization, which is a process of free-market economic reforms, leads to depressed economic growth. For example, one youtube video created by a “ [...]

[...] period concluded that: “Democracy has a positive and significant impact on the adoption of economic reforms [such as trade liberalization, privatization, and the overall reduction of state control [...]

[...] a group of economists of different ideological stripes were asked to propose six economic reforms, one of such reforms was to “eliminate the corporate income tax…Completely.” [1] The [...]

[...] between 1960 and 1995.” Feyrer 2009 “Our empirical investigation of the impact of economic reforms, mainly trade reforms but also industrial delicensing, shows that there is a fair [...]

[...] poverty. Indeed, research finds this is the case. 10. “Free trade doesn’t lead to better economic outcomes in the real world.” In regards to trade liberalization, which is reform which lowers [...]

[...] leads to greater economic growth. The belief that socialism produces greater economic outcomes is a fantasy. 3. The Myth that Big government is the cure to unemployment. It should [...]

[...] performance. This timing suggests a causal interpretation, at least with regard to economic outcomes.” In regards to trade liberalization, which is reform which lowers barriers to [...]

[...] performance. This timing suggests a causal interpretation, at least with regard to economic outcomes.” Subsequent research published in the Journal of Economic Surveys has found that, “ [...]