Posts Tagged ‘Mercatus Center’

State Budget Crises: Where to Go from Here

Spending beyond inflation and population growth accounts for budget gaps By Daniel M. Rothschild It didn’t have to be this way, with states slashing budgets, cutting services, hiking taxes and fees, all while peering into the crevasse of fiscal meltdown. That’s the conclusion of a new paper by Matthew Mitchell, an economist at the Mercatus [...]

Government Boost to Small Business Could do More Harm than Good

Mercatus scholar warns that discrimination over business size lacks economic justification By Daniel M. Rothschild With the Senate set to create a $30 billion fund for small business lending and House Republican Whip Eric Cantor (R-VA) praising small businesses as “the engine of job creation,” elected officials and their challengers of both parties are scrambling [...]

Study Finds Federal Grants Lead to Increased State Taxes

Dependence on federal aid places state revenue in precarious position By Daniel M. Rothschild With federal grants to states increasing by 73 percent over the last decade and totaling $654 billion in 2010, governors and legislatures are grateful for federal assistance in plugging budget gaps. They may rethink their decisions in the coming years; however, [...]

Promises and Policies Post-Katrina

Lessons learned: a conversation with Mercatus Center scholar Daniel Rothschild The Mercatus Center at George Mason University is winding down its intensive, five-year Gulf Coast Recovery Project, an investigation into the aftermath of Hurricane Katrina. Daniel Rothschild, director of the project, recently shared his insights with the Pelican Institute.* (Click below to listen to the [...]

New Study: Louisiana’s Fiscal Crisis Decades in the Making

New Study: Louisiana’s Fiscal Crisis Decades in the Making

Report highlights how spending trends have fueled fiscal deficits Although the economic recession has contributed to Louisiana’s ominous deficit, a new report from the Mercatus Center at George Mason University stresses that state spending trends meant the problem was building for decades. Between 1987 and 2007, Louisiana’s government spending grew at almost three times the [...]