Category Archives for Economics

How to Quash Business Growth

Here’s an easy way to quash business growth: Raise taxes. Of course, if you read today’s news, you’ll see proclamations that we’ve “averted the fiscal cliff!” And you’ll see claims that the new deal reached by the president and Congress “protects 99% of Americans from an income tax increase.” But it’s all semantics and political […]

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“Poore Endebted Discontented and Armed”

As I was reading A People’s History of the United States of America this morning, I came across this interesting quote: Times were hard in 1676. “There was genuine distress, genuine poverty…. All contemporary sources speak of the great mass of people as living in severe economic straits,” writes Wilcomb Washburn, who, using British colonial […]

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