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Phone: (972) 386-6272
Fax: (972) 386-0924

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Washington, DC 20004
Phone: (202) 220-3082
Fax: (202) 220-3096

Publications -- Economy

Mar 09, 2007	BA #582 – Economic Growth without Inflation Can the economy grow faster without causing inflation to accelerate?  Some argue that the downside of a rapidly rising gross domestic product (GDP) is more inflation, and that you can't have more of the former without more of the latter.  But both logic and history suggest otherwise.
Feb 01, 2007	ST #297 – The Rising Burden of Health Spending on Seniors The United States spends about 17 percent of its national income on health care, the highest in the world. Some have wondered how high spending can go and what difference it will make. In thinking about that question, the experience of our senior citizens provides a vital clue.
Nov 21, 2006	ST #292 – Taxes and Economic Growth Some activities of government clearly contribute to economic growth. Beyond some minimum level, however, government becomes a net drain on the economy. Empirical evidence shows that as the tax burden rises beyond a certain level, the rate of economic growth slows.
May 04, 2006	BA #550 – The Negative Effects of the Minimum Wage Various state legislators and interest groups around the United States are pushing for increases in the minimum wage. In California, for example, even Republican Gov. Arnold Schwarzenegger now advocates raising the state minimum wage from its current $6.75 an hour to $7.75 by July 2007. But when the minimum wage law confronts the law of demand, the law of demand wins every time. And the real losers are the most marginal workers - the ones who will be out of a job.
Aug 01, 2005	Income Distribution: Stagnant or Mobile? The problem for the Democrats is that the American people don't believe in class warfare. They don't hate the rich because they are rich. On the contrary, they want nothing more than to emulate them. And many Americans believe that they have a good shot at joining the ranks of the rich. The data confirm that such hopes and expectations are not unrealistic.
Jul 01, 2005	BA #519 – Stock Returns and Economic Growth Over the last decade, the Social Security Administration has evaluated numerous reform proposals. Recently, when evaluating reforms that involve investments in the stock market, the Social Security Administration assumed the historical average annual real stock return of 6.5 percent will persist into the future. The Social Security Administration also projects the future status of the program. These projections are summarized in the annual Trustees Reports and form the basis for scoring the reform proposals. The most recent Trustees Report assumes the real annual gross domestic product (GDP) growth rate will be about 1.9 percent over the 75 year horizon. This assumption is lower than the actual experience of the past 75 years, a period in which the economy grew at a real rate of 3.4 percent a year, on average.
Jun 20, 2005	Economic Freedom Index of North America 2005 This is the third edition of the annual report, Economic Freedom of North America. The statistical results of this year's study persuasively confirm those published in the previous two editions: economic freedom is a powerful driver of growth and prosperity and those provinces and states that have low levels of economic freedom continue to leave their citizens poorer than they need or should be.
Feb 04, 2005	ST #273 – Aging, the World Economy and the Coming Generational Storm The United States is about to experience the greatest demographic change in its history. Most of this change will occur over the next 30 years, as 77 million baby boomers cease to work and pay payroll taxes and instead start to retire and collect benefits.
Sep 01, 2004	Measuring Labour Markets in Canada and the United States: 2004 edition Measuring Labour Markets in Canada and the United States: 2004 Edition is the second instalment in ongoing research to assess the performance of labour markets and explain why results differ among jurisdictions.
Jul 30, 2004	ST #268 – Ten Consequences of Economic Freedom Economic freedom raises incomes and improves living standards. It requires strong institutions and encourages their further development. Over time, poor developing countries that have adopted policies consistent with economic freedom have pulled ahead of their former peers.
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