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Saturday, December 30, 2017

Paid Leave: Egalitarianism On the Right

In 2010 I published a small book, Remaking America, about the Swedish welfare state and how it should function as a deterrent to further expansion of the American welfare state. In 2014, Gower (a label under Ashgate) published Industrial Poverty, where I explain how the welfare state helped pull Europe down into the Great Recession.

Sunday, December 17, 2017

Infringements on Property Rights

The right to property is one of the foundations of Capitalism and economic freedom. Unfortunately, with the gradual expansion of the welfare state during the 20th century, taxation and regulatory incursions into the private sector have eroded the meaning of the property right. Income, the most common form of property, has lost some of its meaning:

Sunday, December 10, 2017

Tax Reform, Personal Income and Growth

The Trump presidency gave our economy an injection of confidence. The recovery that started in 2011 was overall slow and showed signs already in 2014 of having reached its peak, but was reignited over last winter and stretched out through the summer.

However, the Trump boost can only last for so long. Without substantial reforms to regulations, taxes and government spending, we will not see much more of economic expansion in this business cycle.

Saturday, December 2, 2017

Ideological Introspection From Left to Right

When you listen to the political debate, one level above the tedious, daily who-colluded-with-Russia chatter, there is actually an intellectual conversation going on. Or, to be accurate, two conversations. There is one conversation among conservatives about whether or not President Trump and Brexit represent triumphant conservatism or unpalatable nationalism. It is, in other words, mostly an introspective conversation where conservatives try to find a new footing in what some have characterized as a post-20th century economic and political environment.