VIDEO: Philip Klein discusses with Stephen Moore why some states succeed where others fail

States are often referred to as laboratories of democracy, so what does the evidence tell us about why certain states succeed economically where other states fail?

In the latest edition of the “Dialogue” video series, Philip Klein speaks to Heritage Foundation chief economist Stephen Moore, co-author of the book, An Inquiry into the Nature and Causes of the Wealth of States.

Moore delves into the book’s findings on how taxes, energy policy, labor laws and regulations influence economic performance.

The discussion also looked more broadly at conservative tax reform in an era in which marginal income tax rates are lower than when Ronald Reagan took office in 1981, when the top marginal rate was 70 percent.

Watch the Video Here