Midland Daily News

Nash: Michigan Needs Washington's Help

Economists fundamentally agree on the sources that drive economic growth. Nobel Laureate in economics Robert Barro in his seminal paper, "Economic Growth in a Cross Section of Countries," studied the key economic and political factors that determined 98 countries' competitiveness that led to economic growth and standards of living. It is clear from this and other studies that economic growth is helped by investments in human capital, lower tax rates, lower regulatory burdens on businesses, and emphasis on human development. Continue reading >>