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WSJ-What 1980 and 2016 Have in Common

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What 1980 and 2016 Have in Common
Like the Reagan and Thatcher revolutions, Trump and Brexit are reactions to stagnation. By MICHAEL SOLON Dec. 11, 2016 4:17 p.m. ET Just as Margaret Thatcher’s ascendance in 1979 foreshadowed Ronald Reagan’s in 1980, so the British vote to exit from the European Union earlier this year presaged Donald Trump’s...
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WSJ-Gramm and Wallison: Worse Than Fannie and Freddie

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A bipartisan Senate housing reform would double down on the mistakes that led to the financial crisis. By Phil Gramm And Peter Wallison April 16, 2014 7:03 p.m. ET In this era of partisan gridlock, any legislative proposal with significant bipartisan sponsorship should be praised and supported if it simply...
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Gramm and Solon: Suddenly, an Opening for Tax Reform

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Senate Finance Chairman Ron Wyden now recognizes that a pro-growth tax reform can raise revenues. By Phil Gramm and Mike Solon A glimmer of hope for the economy and deficit reduction flashed from the Senate this past weekend when the new Senate Finance Committee Chairman, Ron Wyden, announced “a breakthrough”...
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Phil Gramm and Thomas R. Saving-Janet Yellen’s Greatest Challenge

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Every month that the Fed’s quantitative easing goes on, the exit strategy becomes more difficult and dangerous. By PHIL GRAMM and THOMAS R. SAVING With the Senate Banking Committee on Thursday approving Janet Yellen’s nomination to lead the Federal Reserve, her confirmation is virtually assured. Less certain is what Ms. Yellen ultimately intends to...
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WSJ: Can Government Benefits Turn an Election?

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This election will test the relative power of private-sector aspirations versus public-sector dependence. By Phil Gramm and Mike Solon as appeared in Wall Street Journal on October 18, 2012 Since World War II, the five incumbent presidents who were re-elected enjoyed an economy where the unemployment rate averaged 5.4% in...
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