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Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good for Growth?
I’ve repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the economy, which means either higher taxes… Read more
Can You Find It in Your Heart to Feel Sympathy for Politicians and their Staff?
I had some fun back in April when I noted that politicians and staff on Capitol Hill were getting very agitated about having to be part of Obamacare. Well, it… Read more
I Made a $16 Trillion Mistake, but Still Had a Stronger Position in this Debate
I’ve done a handful of TV debates on Social Security, including the time I said that I wished Republicans had a secret plan for personal retirement accounts. So I thought… Read more
Defending Tax Havens
It goes without saying that I’m always ready to defend tax havens when statists are seeking to undermine tax competition, financial privacy, and fiscal sovereignty. So when the BBC asked… Read more
With the Nation Facing a Fiscal Crisis, Why Are Greek Taxpayers Subsidizing a Big Bird-Type State-Run Media Network?!?
couple of years ago, I shared a chart that powerfully demonstrated why Greece was in fiscal crisis. The chart, which showed the explosive growth of the government bureaucracy, also provided… Read more
Obamanomics and Big Government: Bad News for Young People
I periodically post TV interviews and the second-most-watched segment – edged out only by my debate with Robert Reich on Keynesian economics – was when I discussed how President Obama’s… Read more
Let’s Hope for Heavy Casualties on Both Sides in the War Between the IMF and European Commission
It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the… Read more
The Chilean Miracle Shows that Economic Liberty is the Best Way of Helping Ordinary People
I’m in Vienna, Austria, for the annual European Resource Bank meeting. I had the pleasure last night of listening to Jose Pinera speak about economic reform in Chile, particularly the… Read more
The European Parliament’s Pro-Tax Politicians Should Go After their Own Tax-Protected Salaries
What’s the most noxious example of hypocrisy from the political class? Is it left wingers from Obama’s cabinet utilizing tax havens while supporting higher taxes for the rest of us… Read more
A Rare – and Encouraging – Glimpse at How a Free Market Could Work in the Health Sector
I’ve complained ad nauseam about how government has screwed up the health sector, both because of spending programs such as Medicare and Medicaid and because of tax and regulatory distortions… Read more