The Power Of Negative Thinking: Government Regulation And Economic Performance

Topics:
Regulations
Tags:
Economic Activity,
Economic Performance,
Finance,
Financial Planning,
Free Trade,
Government,
Regulations,
St. Louis,
Taxes
Source:
Washington University in St. Louis

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Overview: The author start off with a proposition duly overstated - which should fit comfortably with the remarks of other contributors to this conference on supply-side economics: it is futile to focus so heavily on tax incentives to encourage economic activity at a time when the governmental regulatory apparatus is imposing such a vast and rapidly expanding array of obstacles to economic activity. The lack of parallelism in his language is deliberate. It is not just a matter of the disincentives of regulation offsetting some of the incentives which can be provided by tax reform. The author will try to show how any effective, supply-oriented approach to public policy can take account of this phenomenon.

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Format: PDF | Size: 425KB | Date: Aug 2003 | Pages: 10

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