Tags » Economic Policy

The steep cost of agricultural subsidies

Agricultural subsidies are costly to the consumer and the economy as a whole, primarily benefiting only the actual recipients of the subsidies. Beginning as early as the 1930’s (Sumner 2008), and spurred on by the farm crisis of the 1980’s (Grunwald 2007), taxpayers in wealthy countries have been funding generous subsidies to a small group of farmers for decades. 412 more words

International Economics

Andhra Pradesh will become a solar hub: Piyush Goyal

July 27, 2014

Union Minister of State for Power Piyush Goyal after meeting Andhra Pradesh Chief Minister N. Chandrababu Naidu said the state would be developed into solar power hub in the country and a power surplus state in the near future. 25 more words

Economic Policy

Fact of the week: Lithuania changes the ECB's voting system

Lithuania will become the 19th member of the Euro area on the 1st of January, following Wednesday’s Council endorsement. The most important part of the story – however – is not that someone is still brave enough to join the Euro area, but that Lithuania’s accession will trigger a change in the voting system of the ECB. 1,296 more words


My article in today's Guardian: Abbott achieves the impossible: unity among economists

My piece in the guardian today. Please go here to read the original.

Tony Abbott achieves the impossible: unity among economists

Economists are refuting the three big picture claims made by the government: 1) We have a budget emergency 2) We have a debt crisis and 3) The carbon tax was ruining the economy… 967 more words

Economic Policy

Right Wing Politicians in Robes May Have Just Killed Obamacare

© Josh Sager – July 2014

Today, the D.C. Circuit Court ruled on the Halbig v. Burwell case and, in doing so, may have set in motion the complete destruction of the Affordable Care Act (AKA. 784 more words

Policy Discussion


Brian S. Wesbury – Chief Economist

Bob Stein, CFA – Dep. Chief Ecnomist

Strider Elass – Economist


The economic world lost a leading thinker this weekend with the passing away of Gary Becker, who, since the death of Milton Friedman in 2006, was the most influential, and important, living economist. 619 more words

Economic Outlooks

Could the "New Normal" become the "NICE Normal"? Time for an in-depth assessment of the opportunities in the UK economy.

This time it’s different…

When Professor Peter Spencer, Senior Economic Advisor to the EY ITEM Club, says that the UK labour market is behaving unlike any other labour market he has ever seen , it is clearly time to dive in and assess what is happening in the UK economy.  1,079 more words

Business Economics