Economics
The Grassroot Institute conducts research and analysis of various issues from a free market perspective. Academic works are inspired by the writings of scholars such as Frederic Bastiat, Murray Rothbard, Milton Friedman, F.A. Hayek, Adam Smith, and others. Generally, the Institute opposes tax increases, such as Hawaii's General Excise Tax. The Institute found that the 0.5% GET increase of 2008 would result in nearly 6,000 private sector jobs lost, a decrease in investment of $125.4 million, a decrease in statewide personal income of $303 million, and a loss in disposable income by $646 million.
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Famous quotes containing the word economics:
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)
“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”
—George Steiner (b. 1929)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)