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Sky-high tax rates are the policy prescription of choice for some economists worried about inequality. But the result would be a poorer and less innovative America.

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The prevailing assumption is that Republicans will take the Senate in the midterm elections on Nov. 4. It would be a surprise if they didn’t. But not a huge surprise.

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Financial Times

Japan’s central bank expands its monetary stimulus in the wake of economic weakness. But concerns about the effort’s staying power limit its effectiveness.

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We frequently hear that the legacy of colonialism explains Third World poverty. Not so, according to Professor Walter Williams.

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At its October 31 “Halloween” Monetary Policy Meeting, the Bank of Japan announced further quantitative and qualitative easing, a sharp boost of the monetary base, and an open-ended commitment to achieving 2% inflation.

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Will Republicans gain the Senate majority this election? With only days remaining before Election Day, that question is the elephant (or donkey, one might speculate) in the room.

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Add up all the bad news for Congress and it may be time to start thinking about the once unthinkable: a political landscape where India’s oldest party counts for precious little.

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Sugar growers and processors, through the American Sugar Alliance, continue to lobby for the current US sugar program that ensures US consumers on average pay over $3 billion a year more for the sugar they use.

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When oil and gas prices are rising, politicians are always quick to blame oil speculators, Big Oil and industry price manipulation; but now that oil and gas prices are tumbling, we hear nothing from Washington.

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In 60 seconds, George Will skillfully and eloquently explains why government under both parties is incompetent, and why excessive faith in a government that doesn’t know where to stop is unwarranted and dangerous.

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