“American economic expansion slowed to a crawl in the first quarter, but economists are hopeful that the setback will be temporary. Total output grew at an annual rate of 1.8 percent from January through March, the Commerce Department said Thursday, after expanding at a 3.1 percent pace in the fourth quarter of 2010.” (New York Times)
Government is still in the way.
FEE Timely Classic
“Economic Freedom and Economic Growth” by Randall G. Holcombe