Very interesting article looks at the decade-long economic woes of Japan, how they might have been avoided or mitigated and lessons for the U.S.
Content: Article | Author: John H. Makin | Source: American Enterprise Institue | Subjects: Economics, Finance
Interesting (and no doubt controversial depending on your political persuasion) analysis of effects on economy of government’s treatment of taxation and national debt. Essentially, article argues that government should spend any surpluses on tax reduction to stimulate growth (reduced revenues partially being offset by taxes from the higher base).
Content: Article | Author: John H. Makin | Source: American Enterprise Institue | Subject: Economics | Industry: Government