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THIS WEEK
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October 30, 2019
The Latest News
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The Trade War Burden: Working
More but Enjoying It Less
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Bruce Yandle | The Washington Examiner
News on US production of long-lasting capital goods is another reminder that trade wars and the resulting slower world economy are eating away at our prosperity. While there is high employment in the face of a slowing economy, this could be the result of tariffs keeping out lower-cost foreign goods. When cheaper goods can no longer be imported, Americans have to work harder to maintain the same level of consumption.
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Should We Allow Banks to Play Regulator?
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Brian Knight and Trace Mitchell | RealClear Policy
Banks are granted unique public-policy benefits that insulate them from free-market competition. However, banks are using their privilege to engage in political activism by withholding services. These decisions are not based on profitability or risk, but rather to impose policy preferences on the country. So, what should be done?
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Candidates' Wealth Tax Proposals Demonstrate Spooky Economic Ignorance
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Veronique de Rugy | Creators Syndicate Newspapers
Presidential candidates are calling for a wealth tax and a massive increase in government spending to fix the wealth disparity in America and restore "social justice." However, this line of thinking disregards economics. The negative impact of such a tax wouldn't be concentrated on wealthy people, but rather everyone, regardless of their income and wealth level, would take a hit.
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Additional Links
Tyler Cowen Talks Big Business with Steven Spierer
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Tyler Cowen | Talk Radio One
On the NYC Subway’s Birthday, Pop a Cork for Transportation Innovation
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Jennifer Huddleston | New York Daily News
How the Urban Institute’s Estimates of ‘Medicare for All’ Costs Stack up against Mine
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Charles Blahous | e21
Reality Must Catch up with All the Rhetoric on Reforms
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Shruti Rajagopalan | LiveMint
San Fran’s Plan to Smother Innovation with Permission Slips
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Adam Thierer | American Institute for Economic Research
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