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Policy That Rewards Productivity

Contributed by mm | June 2, 2005 6:28 AM PST





A manifesto that argues for productivity friendly policies. Great read!

From MSNBC:

Unfortunately, most of America's current governmental incentives don't encourage wealth creation. They confuse spending money with creating value. Not all jobs are equally productive, and not all subsidies are equally vital.

What governmental incentives do I include in this category? The list covers farming subsidies, enterprise zones that encourage locating factories or apartments in blighted neighborhoods, mortgage deductions, and even R&D tax credits. Such policies merely kidnap economic activity from one region to another or foolishly reward effort instead of results.

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Enjoy the latest personal finance news and commentary at PFBlog Network.
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Read More ... All Other Posts In The Same Category

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