Economy

It is no accident that Texas consistently leads the nation in job creation. Some have described this economic powerhouse as a "Texas Miracle." But, we know better than that. The Texas Economic Experience is rooted in concepts and principles that will work anywhere they're tried: Keeping taxes low, creating a predictable regulatory climate, cracking down on lawsuit abuse, and investing in critical infrastructure like roads, water and schools in a fiscally responsible way.
So I’m minding my own business on Twitter — where you can follow me @ThomasEWoods, by the way — and some guy starts suggesting that the Austrian School economists are just shills and apologists for the bankers.I restrained...
Today, I released the following statement regarding House passage of the Domestic Energy and Jobs Act, a package of seven domestic energy production bills:Today House Republicans reaffirmed our commitment to getting...
The CBO recently acknowledge what others have stated, the coming economic debacle facing whoever is elected in 2013. The massive tax increase along with austerity program with no real growth component added to the mixture...
Someone sent a message via my Facebook page in which he noted something a friend had told him:Demand creates jobs. How do we increase demand? We provide assistance where needed to create economic activity where the private...
Rep. John Culberson (TX-07) recently received the US Chamber of Commerce’s prestigious “Spirit of Enterprise” award. This award is given annually to members of Congress based on rankings it gives for key business votes...
The House Judiciary Committee Tuesday approved a bill to provide immediate relief to small businesses and freeze the implementation of significant regulations by the Obama administration. The Regulatory Freeze for Jobs...
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On Tuesday, I was proud to join my colleagues in launching the Yellow Pages Caucus with a press conference outside of the Capitol. Currently, the Federal government owns and operates hundreds of activities that are...
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I was pleased to see that, in the Presidential debate in South Carolina Monday night, Newt Gingrich came out in support of a proposal I presented in testimony before Congress on February 2011. It deals with the issue of...
Today, I issued this statement following a report that the national debt is now larger than our entire economy:This dismal benchmark underscores the President’s aversion to making tough fiscal choices in an election year....
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Over the past year, the Gold Standard has now come into vogue as a campaign issue. While most economists dismiss the gold standard as a crazy idea or anachronism, no one has yet to come up with an answer to the question: "...
The National Republican Congressional Committee (NRCC) is a political committee devoted to maintaining and increasing the 239-member Republican majority in the U.S. House of...
A great piece in Bloomberg that takes apart the “What about Sweden?” non-argument that invariably comes up in debates over the free market. (Thanks to Chris B.)Incidentally, Bob Murphy notes that Paul Krugman, in his typical...
With the head of Mises Canada. (When I move into my new office space in town I’ll be able to stream better; at my present location it’s a miracle I can get high-speed Internet at all.)Originally posted on TomWoods.com
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Competition is a staple of life in school. Athletic events, UIL academic tournaments, the performing arts, debate clubs, and farm and ranch contests all give students opportunities to earn credit toward graduation and gain...
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Chuck Devore was in the CA state assembly from 2004 to 2010 and ran for US Senate in 2010. He has now moved to Texas. He wrote an article in National Review Online on reasons why Texas is succeeding as California is...
Today, I released the following statement regarding House passage of the Jumpstart Our Business Startup (JOBS) Act:
Tom Pauken is Chairman of the Texas Workforce Commission. The Texas Workforce Commission is a state agency dedicated to helping Texas employers, workers and communities prosper economically. For details on TWC and the...
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In early December, Rubbermaid Home Products announced the closing of its manufacturing plant in Greenville, Texas which will take effect this June. An estimated 490 employees will lose their jobs. Several years ago,...
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The world lost one of its great leaders when Czech Republic leader Vaclav Havel died, but after his death, a few on the left could not contain themselves. One leftist, Neil Clark, claimed, “Havel did not help make his...
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Frances Fox Piven has been a leading strategist for the hard left with the goal of overwhelming the present system to force radical changes in society. Last December, she took her strategy to a new level to include violence...

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