Friday, May 01, 2009

Growing the pie

When it comes to how to help the economy, many people are focused on getting a bigger piece of the pie - or in preventing others from getting a bigger piece of the pie.

Of course, this assumes that there is only one pie - and that the pie is a fixed size.

This is just one of the myths exposed in a new publication from Heritage Foundation, The Economy Hits Home: What Makes the Economy Grow?

Contributors for the paper are my friend, Leslie Carbone, the author of Slaying Leviathan: The Moral Case for Tax Reform (Potomac, June 2009) and Jay Richards, the author of Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem (HarperOne, May 2009).

I hope you'll download the document, read it and reference it often when anyone tries to tell you that government's re-distribution of wealth is the solution to our economy. As the report says:

"Importantly, economic growth is not the consequence of government policies or of some master economic plan. It results from millions of people individually seeking what is in their own interests by providing what is in the interests of others, and the collective consequence of their actions is to increase the number of jobs in the economy, the wages earned by workers, and the income and wealth of the nation."


Roman said...

This is so basic, it is hard to believe that the current President cannot see it.

The only thing that grows with government intervention is GOVERNMENT!

Sorry, did not mean to shout...

Maggie Thurber said...

Ah, Roman - there are times when shouting is called for....


Tim Higgins said...


Sorry, but I have to disagree with you on a small point here. The only thing that grows with government (other than government you mentioned) is the number and scope of the subsequent problems that now must be dealt with.

Leslie Carbone said...

Thanks for helping spread the word, Maggie! I hope the booklet does some good.

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