There are many ideas out there about how earnings, real and expected, affect spending. Milton Friedman’s 1957 Permanent Income Hypothesis is probably the most famous. In its strictest form, it implies that changes in current income, such as a raise or inheritance, shouldn’t change consumption at all. That’s an awfully strong statement. In 1989, John …
Economy
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Will is right on ESLR-MA should not be involved-nor should the USA
Recently Will spoke out about Massachusetts and Gov. Patrick funding of Evergreen Solar (ESLR). Will is right to condemn it and the state was and remains wrong when it attempts to fund private industry; and for that matter so is Pres. Obama wrong on this allocation of resources. The private sector, often referred to by some at …
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Here we go again … Casinos!?!
Will, The news started picking up before the holidays and hasn’t slowed down now with the new year. Why does DeLeo continue to push for casinos? Why can’t this topic go away so that our legislature can work on more productive topics? I hope your stance has not changed (I doubt it has). Is there …
Noncompete reform in 2011-2112?
Will, can you tell us about your plans for the noncompete reform bill in the upcoming legislative session? Thanks. Happy New Year to all!
Reform noncompete contracts (Resources)
News A noncompete reform bill for the 2011-2012 legislative session has been filed by Rep.s Ehrlich, Brownsberger, Peisch, and others as House Bill 2293 (http://www.malegislature.gov/Bills/187/House/H02293). The legislators welcome comments on the bill, as it can be revised before filing (and at several points after filing). If you have any questions, comments, or feedback, please contact …
An exchange about policy on economic growth
I left David Chase and Jim Sloman know that I liked this article on pro-growth economic policies and asked for their comments and they had the exchange reproduced below. As a state representative, I focus on matters of state policy and especially on those matters of state policy where there is some potential for action. …
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