Author Archives:
Senator Patty Murray Is Right…and Completely Wrong…about the 1990s
I wrote about the Ryan budget two days ago, praising it for complying with Mitchell’s Golden Rule and reforming Medicare and Medicaid. But I believe in being honest and nonpartisan,… Read more
More Entrepreneurs Say “Au Revoir” to the Administration Fiscale, Escape France’s Confiscatory Tax Regime
As a general rule, it’s not right to take pleasure at the misfortune of others. But I think we’re allowed an exception to that Schadenfreude rule when the “others” are… Read more
Everything You Need to Know about the Ryan Budget
Sigh. Even when they’re sort of doing the right thing, Republicans are incapable of using the right argument. Paul Ryan, Chairman of the House Budget Committee, has unveiled his proposed… Read more
Sequestration’s Impact on HUD: Just 358 More Days and Mission Accomplished
As part of my “Question of the Week” series, I had to decide which department of the federal government was most deserving of abolition. With a target-rich environment of waste,… Read more
As Humorously Explained by Henry Payne, the World Amazingly Didn’t End When Uncle Sam Got Put on a Sequester Diet
When I last checked, Henry Payne was winning the bronze medal in the contest to identify the best political cartoonist. You can see why by checking out this cartoon about… Read more
Inequality, Redistribution, and Class Warfare
I’ve spent a lot of time debunking class-warfare tax policy, and I’ve certainly explained ’til I’m blue in the face that big government facilitates a pernicious form of corruption that… Read more
The IMF, Higher Taxes, and Mitchell’s Law
Here are three common-sense principles. Higher taxes are misguided. They undermine prosperity and finance bigger government. Bailouts also are misguided. They facilitate corruption and encourage moral hazard. And international bureaucracies… Read more
Minimum Wage, Maximum Foolishness
Should the federal government make life more difficult for low-skilled workers? I hope everyone will emphatically say “NO!” Heck, most people understandably will think you’re crazy for even asking such… Read more
Challenge for Keynesian Anti-Sequester Hysterics: Why Did America’s Economy Boom When Reagan and Clinton Reduced the Burden of Spending?
Triggered by an appearance on Canadian TV, I asked yesterday why we should believe anti-sequester Keynesians. They want us to think that a very modest reduction in the growth of… Read more