WSJ: How Blockchain Can End Poverty

Two-thirds of the world’s population lacks access to a formal system of property rights. By Phil Gramm and Hernando de Soto Jan. 25, 2018 7:11 pm ET For a long time, Western economists failed to appreciate the relationship between private property rights and economic development. Karl Marx saw private property as the source...
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WSJ: A Booming Economy Will Challenge the Fed

Normal growth will drive up the demand for bank loans and induce lending of excess reserves. By Phil Gramm and Thomas R. Saving Dec. 13, 2017 6:37 pm ET The asset base of the world’s financial institutions crumbled in the fall of 2008 as mortgage-backed securities collapsed and credit markets froze. The Federal...
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Don’t Be Fooled by ‘Secular Stagnation’

American exceptionalism hasn’t come to an end, and we needn’t settle for 2% economic growth. What the U.S. needs is policies like Reagan’s, not Obama’s. By Phil Gramm and Michael Solon Dec. 1, 2017 6:40 p.m. ET The only sound basis for gauging the potential impact of public-policy changes is through...
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Republicans, Stand Up for Health Freedom

By Phil Gramm Oct. 18, 2017 6:17 p.m. ET While there is plenty of blame to go around for Republicans’ inability to repeal and replace Obama Care, the effort was all but doomed as soon as the GOP chose to fight on the wrong battlefield. Trying to pass a replacement...
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The GOP’s ‘Tax the Rich’ Temptation

The top 10% of earners already pay 71% of federal income taxes—highest in the developed world. By Phil Gramm Given that the top 10% of income earners in America pay more than 71% of federal income taxes and do most of the saving, investing and innovating that fuel America’s economic...
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