Lost Legislatures

legislatures Despite weak economic growth throughout the developed world, the only institutions trying to fix things are central banks. And while they can do a great deal, they cannot permanently boost economic growth via increased infrastructure spending or by passing tax, labor, education or immigration reforms. That is a job for legislatures and they are all painfully MIA. Worse, the more interventionist the central banks become, the lazier legislators get.

Share This Post
Facebook Twitter Email

Speak Your Mind