Tracy Miller

Tracy Miller

Dr. Tracy C. Miller is an associate professor of economics at Grove City College and fellow for economic theory and policy with The Center for Vision & Values. He holds a Ph.D. from University of Chicago.

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Why Pennsylvania should not enact a severance tax on natural gas

October 10, 2014 | by | Topic: Economics & Political Systems

As the governor’s race heats up in Pennsylvania, one of the central issues is whether to enact a severance tax on natural gas. Democrat candidate Tom Wolf has emphasized the fact that Pennsylvania is the only state in the … More>

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The Obama economic record: the worst five years since World War II

August 20, 2014 | by | Topic: American History & Presidents, Economics & Political Systems

Editor’s note: This article first appeared The Daily Caller.

In spite of the claims by President Obama’s Council of Economic Advisors regarding his administration’s economic accomplishments, the U.S. economy has grown very slowly in the years since the Great Recession … More>

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Remembering Gary Becker: A great economist

May 8, 2014 | by | Topic: Biography

Dr. Gary Becker, who won the Nobel Prize in Economics in 1992, died Saturday at the age of 83. I was privileged to be a student of Gary Becker at the University of Chicago in the 1980s. He is well … More>

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Eliminating poverty and reducing inequality: Is a guaranteed minimum income the answer?

May 2, 2014 | by | Topic: American History & Presidents, Economics & Political Systems, The Law

Recently, some commentators have been promoting the idea of a government guaranteed income, where the government would pay a monthly cash payment to every American, regardless of need or merit. A similar idea, the negative income tax, has been discussed … More>

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Do we want more affordable health care? Then we need to leave health care to the free market

December 4, 2013 | by | Topic: American History & Presidents

The problems with the healthcare.gov website offer a glimpse of the way the Affordable Care Act (ACA) is likely to fail at accomplishing its most important goals: providing affordable, high-quality health care to all Americans, without increasing the deficit. The … More>

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Immigration reform would make sense if new immigrants were not eligible for welfare benefits

September 13, 2013 | by | Topic: Economics & Political Systems, Military & Foreign Policy

The U.S. House and Senate are considering an immigration reform bill. Critics of the legislation say that it will not do enough to secure our borders and that it grants amnesty to illegal immigrants. The bigger issue, which has been … More>

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Death panels? Of course …

May 30, 2013 | by | Topic: Economics & Political Systems

Recently the debate about “death panels” has been heating up as Republican Congressional leaders express their opposition to implementing the Independent Payment Advisory Board (IPAB) by refusing to appoint members to serve on it. The IPAB, which was referred to … More>

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What Should Be Done About the Fiscal Cliff

December 20, 2012 | by | Topic: American History & Presidents, Economics & Political Systems

Editor’s note: A version of this article first appeared at Forbes.com.

Everyone is talking about the “fiscal cliff”—the likely impact of the expiration of the Bush tax cuts and the planned cuts in government spending that are part … More>

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Does Paul Ryan Want to Take Medicare Away From Seniors?

August 30, 2012 | by | Topic: American History & Presidents, Economics & Political Systems, Media & Culture

Editor’s note: A version of this article first appeared at Forbes.com.

A year ago, opponents attacked Rep. Paul Ryan (R-Wis.), claiming that his plan to reform Medicare would kill grandma by taking away her benefits. Mitt Romney, who, of course, … More>

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The U.S. Economy Could Recover Faster If Government Policies Changed

August 15, 2012 | by | Topic: American History & Presidents, Economics & Political Systems

Editor’s note: A version of this article first appeared at Forbes.com.

Recent monthly employment reports have confirmed that this is the slowest U.S. recovery from a recession since the Great Depression. Four years after the recession began, unemployment is still … More>

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On Public-Sector Unions: Hope for Struggling States

June 22, 2012 | by | Topic: American History & Presidents, Economics & Political Systems, Media & Culture

Recently, Gov. Scott Walker of Wisconsin won a historic recall election sought by unionized government workers and their allies who opposed his bargaining reforms. Because Walker’s margin of victory surpassed that of his first election in a state known for … More>

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Volcker Rule Is a Step in the Right Direction

June 15, 2012 | by | Topic: American History & Presidents, Economics & Political Systems, The Law

JPMorgan Chase, one of the nation’s largest banks, announced that it lost over $2 billion in trading over the last few months. This has emboldened supporters of the Volcker rule, which prohibits banks that enjoy government support from making risky … More>

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Homelessness: How Government Policy Makes It Worse

May 25, 2012 | by | Topic: Economics & Political Systems, Faith & Society

During a recent trip to Chicago, I couldn’t help but notice the large number of homeless people in the downtown area, including one homeless man pushing a child in a stroller. Homelessness was frequently discussed during the 1980s, but seems … More>

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To Be Sustainable, Universal Health Care Requires Rationing

September 23, 2011 | by | Topic: Economics & Political Systems

During the last Republican presidential debate, Herman Cain argued that, as a survivor of colon and liver cancer, he would have died if “Obamacare” had been in place when he sought critical treatment. It was a stunning statement, and it … More>

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Our Health is Overinsured!

June 20, 2011 | by | Topic: Economics & Political Systems

One of the arguments for healthcare reform is that millions of Americans with employer-provided healthcare are underinsured. Proponents of this view are saying that people are underinsured if they are paying too many of their healthcare costs out-of-pocket. Quite the … More>

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No Such Thing as a Free Lunch—or Free Healthcare

October 13, 2010 | by | Topic: Economics & Political Systems

A few days ago, I received an email from the daughter of our congresswoman—a mass email, of course. She explained that because of healthcare reform, which her mother supported, she no longer had to pay a $25 copayment for each … More>

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Taxing Transportation

August 27, 2010 | by | Topic: Economics & Political Systems

Not long ago, Pennsylvania Governor Ed Rendell toured the state to highlight its crisis in transportation funding. He called on the General Assembly to resolve the crisis this year. In May, the State Transportation Advisory Committee estimated that the state … More>

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“Healthcare Reform” America Can’t Afford

August 7, 2009 | by | Topic: Economics & Political Systems

The healthcare reform bill pending in Congress is called “America’s Affordable Health Choices Act.” It is supposed to provide “affordable, quality health care for all Americans and reduce the growth in health care spending.” Unfortunately, rather than reducing the growth … More>

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Obama’s $1 Trillion Gamble

January 13, 2009 | by | Topic: Economics & Political Systems

President-elect Obama is considering an economic stimulus package that will include increases in government spending and tax cuts of approximately one trillion dollars. Many fear a prolonged depression resulting from a sharp reduction in consumer spending.

After saving very little … More>

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Rising Food Prices: Who is to Blame?

June 18, 2008 | by | Topic: Economics & Political Systems

An Indian government official recently criticized the Bush administration for blaming the growing middle classes of developing countries, such as India and China, for rising food prices. Although he may have misinterpreted the president’s remarks, his and other Indian critics’ … More>

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V&V PAPER — Improving the Business Climate of the State of Pennsylvania

October 15, 2007 | by | Topic: Economics & Political Systems, White Papers

Editor’s Note: Reflecting the breadth and depth of top-notch scholarship being pursued by the faculty of Grove City College, The Center for Vision & Values is pleased to release the fifth in a series of exclusive monthly papers being offered More>

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The Best Farm Policy is the Free Market

October 10, 2007 | by | Topic: Education & Schools

As Congress haggles over the farm bill, it is time again to consider updating the legislation. The Agriculture Adjustment Act, passed “to relieve the … national economic emergency” of the Great Depression has been the basis for most major agricultural … More>

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Minimum Wage Freezes Out the Young

July 17, 2006 | by | Topic: Economics & Political Systems

A few days ago, I told my teenage daughter, who works at the local Dairy Queen, that the minimum wage in Pennsylvania is going to increase. Since she makes a little less than $6.25 per hour, which is the amount … More>

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Did Bush Betray the Working Man to Benefit Wealthy Oil Companies?

January 19, 2006 | by | Topic: Economics & Political Systems

With just five minutes to go in the Steelers-Colts playoff game last Sunday, NFL Referee Pete Morelli made a terrible call against the Steelers. On Monday, the NFL made a rare statement saying that Morelli was wrong. Thankfully for Steelers … More>

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Responding to the Anti-Wal-Mart Crusaders

December 15, 2005 | by | Topic: Economics & Political Systems

Recently, Wal-Mart Corporation announced plans to build a Super Wal-Mart store a few miles outside of the town where I live, Grove City, Pa. In response to Wal-Mart’s plan, a local faith organization held an open showing of a film … More>

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VISION & VALUES CONCISE: Benedict Arnold?

October 29, 2004 | by | Topic: Economics & Political Systems, Vision & Values Concise E-publications

In a speech during the primaries, John Kerry called companies that outsource “Benedict Arnold” companies. If Benedict Arnold would have had his way, he would have denied Americans what they, and all of mankind throughout history, have sought—freedom—the unalienable rights … More>

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VISION & VALUES CONCISE: The WTO Punching Bag

September 24, 2004 | by | Topic: Economics & Political Systems, Vision & Values Concise E-publications

The World Trade Organization, a favorite punching bag of some conservatives, is at it again.  But hold on conservatives, the WTO is right on this one! For pocketbook reasons, the U.S. would be wise to heed their ruling.

For the … More>

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