Video: Japan and the Free Market

Posted by on Mar 8, 2014 in Better Economy, Featured |

This week’s Think Tech broadcast features a “double header.” In the first half, Dr. Akina speaks with Japanese economists Dr. Hiroshi Yoshida and Yuta Steve Nakano about the state of the Japanese economy. Those who understand the ties between Hawaii’s economy and those of Asia and the Pacific Rim will be glad to hear that the Japanese economy is rebounding. However, the Japanese consumption tax (a tax very similar to our...

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How The GOP Can Win The Upcoming Battle Over Income Inequality

Posted by on Feb 19, 2014 in Better Economy |

By Ralph Benko Following President Obama’s lead, the Democrats are seeking to make income inequality the wedge issue of the 2014 Congressional and Senate elections.  This unquestionably addresses an issue that — after forty years of middle class family wage stagnation — resonates with voters.  Yet the Republicans, thanks to Sen. John Cornyn (R-Tx) and Rep. Kevin Brady (R-Tx), not the Democrats, are better positioned to take this on. The...

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India Property Rights Project: Empowering Hundreds of Thousands of Farmers

Posted by on Feb 12, 2014 in Better Society, Featured |

The much-lauded economist Hernando de Soto has created a revolution around the simple but powerful truth that property rights and the rule of law are vital to reducing poverty around the world. Noting that in poor and developing countries, most people live outside of the legal economy, De Soto points out that, “Because they lack property rights, they cannot access capital or credit, so they cannot grow their businesses. Without a...

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The Minimum Wage Typifies Much That Is Wrong With Washington

Posted by on Jan 6, 2014 in Better Economy |

By Doug Bandow President Barack Obama wants to give low-wage Americans a raise. Actually, he doesn’t plan on writing anyone a check. Rather, he wants to force other people to write checks. It’s a bad idea, no matter how popular. In his State of the Union speech President Obama argued: “no one who works full-time should have to live in poverty.” He proposed hiking the minimum wage to $9.00 an hour, a 24 percent jump, which “would raise...

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Ken Schoolland Talks to Grassroot Institute

Posted by on Oct 30, 2013 in Better Economy, Featured |

In a conversation with Grassroot Institute President Keli’i Akina, economist Ken Schoolland discusses the importance of economics education as a way to understand how the world works.  The two discuss the problems caused by current approaches to economics, such as the emphasis on central government control over fiscal policy and the supply of money.  Schoolland favors the Austrian School of economics which promotes free markets,...

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