One of the most revolting things that a politician can do is accept a hero’s accolades for passing a law that generously spends other people’s money. So I ask Rep. Tom Davis (R-Va.), the other politicians honored for giving D.C. students taxpayer dollars, and the officials who run the D.C. Tuition Assistance Grant Program, where’s my gold medal, and the gold medals for all the other federal taxpayers who actually fund the generous tuition grants for which politicians are being given such great adulation?
Featuring John Allison, President and CEO, Cato Institute; Rep. Kevin Brady (TX-8), Chairman, Joint Economic Committee; and Norbert Michel, Research Fellow in Financial Regulations, Heritage Foundation; moderated by James A. Dorn, Vice President for Monetary Studies and Senior Fellow, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
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The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.