Search Results for: laffer curve

Cameron meets Smith, Keynes, and Laffer

Posted on 25 February 2012 by E.M.Smith

Once again we have proof of the Laffer Curve, and proof that Progressives are not capable of learning from history. Continue reading →

Posted in Economics - Trading - and Money, Political Current Events | Tagged , , , , | 34 Comments

How Much Government is Just Right? 26% of GDP

Posted on 3 April 2016 by E.M.Smith

Can one answer the question: “How Much Government is The Best Size?” Turns out you can, and Economists have looked at this for a while now. It’s the Rahn Curve. First cousin to the Laffer Curve. While Laffer looked at “How much taxes makes the economy grow less” and came up with about 20-something precent, Rahn looked at “How Much Government leads to maximal economic growth?”. And got a very similar answer. Continue reading →

Posted in Economics - Trading - and Money | Tagged , , , | 11 Comments

GDP, Government Growth, And The Incredible Power Of Stupid

Posted on 2 May 2016 by E.M.Smith

A discussion of GDP in various flavors, the growth (or lack of it) in the economy, an economist named Cipolla and his view of the Incredible Power Of Stupid. GDP-Ex-Government tells a great truth. Continue reading →

Posted in Economics - Trading - and Money, Political Current Events, World Economics | Tagged , , , , | 27 Comments

Greece, Puerto Rico, the U.S.A., and how a debt crisis happens

Posted on 1 July 2015 by E.M.Smith

How does a marginal high debt load turn into a crushing burden and debt crisis, and how do a few countries compare? Continue reading →

Posted in Economics - Trading - and Money, Political Current Events | Tagged , , , , | 11 Comments