A More Free China?

A month ago the World Bank and the Development and Research Center of the State Council of China (DRC) along with the Ministry of Finance (MOF), released a joint report projecting a decline in Chinese economic growth over the next 20 years if the government does not implement serious reforms. This report came as a … Continue reading

Communications / Culture / Economy / Fiscal policy / Politics / Tax / U.S. Domestic Policy

Weekly Graphic: Annual Expenditure Between Income Groups

As the debate over income equality in the US continues to build, economists and policy makers are focusing on the large amount of new and old studies that attempt to quantify the rising disparage of incomes. However, many of these studies and statistics can be misleading because they do not take several important factors into … Continue reading

America / Economy / Fiscal policy / Politics / Tax / U.S. Domestic Policy

Weekly Graphic: The Tax Burden

The fight over income inequality and a fair tax code has dominated the recent political debate. The White House, along with all the GOP presidential candidates, and every think tank in Washington has submitted their blueprint of what a reformed tax code should look like. Obama’s tax plan focuses on eliminating distortions and loopholes and … Continue reading

Communications / Economy / Gov. Officials / Other

Data vs. Design: Key Problems Facing CBO and other Agencies

CBO and other government agencies produce huge amounts of data every day. They typically compile them into reports and glean out the important trends that will advise and inform policy makers. Traditionally these reports involve simple line and bar graphs with a few pie charts. However, the explosion in info graphics and interactive data has … Continue reading

Economy / Education / Energy / Foreign Policy / Healthcare / Regulation

News of the Day: What We’re Reading

Economy Employment Rate For Young Adults Lowest In 60 Years, Study Says http://www.huffingtonpost.com/2012/02/09/employment-rate-young-adults_n_1264241.html Just 54 percent of Americans ages 18 to 24 currently have jobs, according to a study released Thursday by the Pew Research Center. That’s the lowest employment rate for this age group since the government began keeping track in 1948   Regulation … Continue reading

America / Economy / Gov. Officials / Politics / Regulation / U.S. Domestic Policy

The “What If” Game

Yesterday morning at the Senate Budget Committee hearing, we saw yet again the same old run-around arguments that seem to be the only support behind the stimulus bill. Research presented by two of the three witnesses, Dr. Alan Blinder and Dr. Joel Prakken, attempted to model what would have happened if the government had not … Continue reading

Economy / Foreign Policy / Tax

Thinking Outside the Box: A Look at the UK’s “Patent Box” Proposal

The topic of corporate taxation abroad and at home continues to become more and more prominent as governments try to encourage innovation and growth but also balance out-of-control budgets. The UK has recently proposed an interesting tax break for innovation aimed at fostering growth and keeping new innovation within its borders. The Patent Box proposal … Continue reading

Economy / Foreign Policy / Politics

Global Entrepreneurship at 30% Capacity?

On Thursday, January 5th, the rankings and numbers for the Global Entrepreneurship and Development Index (GEDI) were revealed at an event hosted by the Heritage Foundation and George Mason University. Here are the results and GEDI scores United States 0.60 Sweden 0.57 Australia 0.56 Iceland 0.55 Denmark 0.55 Canada 0.54 Switzerland 0.54 Belgium 0.50 Norway … Continue reading