It’s not as sophisticated as Professor Bryan Caplan’s Purity Quiz and it doesn’t have the simple elegance of the World’s Smallest Political Quiz, but at least you don’t need to answer any questions to see where you stand in this Venn Diagram that my intern shared with me. We don’t know who created it, but it’s a clever […]
read more...Since I’m a public finance economist, I realize I’m supposed to focus on big-picture issues such as tax reform and entitlement reform. And I do beat those issues to death, so I obviously care about controlling the size and power of government. But I like to think I’m also a decent human being. And this is why I […]
read more...Detroit’s bankruptcy was created by decades of fiscal irresponsibility. Politicians ruined the economy with high taxes to finance their lavish spending and depleted the tax base. Given this track record, you would think the city would take a more responsible stance during its bankruptcy process. As CF&P President Andrew Quinlan highlighted in a recent op-ed […]
read more...The establishment fervently believes that more money should come to Washington so that politicians have greater ability to buy votes. That’s why statists from both parties are so viscerally hostile to Grover Norquist’s no-tax-hike pledge. They view it as an obstacle to bigger government. And it also explains why politicians who raise taxes are showered with praise, especially […]
read more...More than three years ago, I wrote that the Department of Transportation should be dismantled for the simple reason that we’ll get better roads at lower cost with the federalist approach of returning responsibility to state and local governments. I echoed those sentiments in this CNBC interview. Since there’s only an opportunity to exchange soundbites in these interviews, let […]
read more...The Census Bureau just released a report on America’s aging population. The big takeaway is that our population will be getting much older between now and 2050. And since I’m a baby boomer, I very much like the fact that we’re expected to live longer. But as a public finance economist, I’m not nearly as happy. As […]
read more...As you can imagine, there’s a lot to choose from in the contest for the most spectacular waste of tax dollars. But the politicians in Oregon must really want the prize, because they managed to flush several hundred million dollars down a rat hole by putting together a state-run Obamacare website that has to be abandoned […]
read more...Which nation is richer, Belarus or Luxembourg? If you look at total economic output, you might be tempted to say Belarus. The GDP of Belarus, after all, is almost $72 billion while Luxembourg’s GDP is less than $60 billion. But that would be a preposterous answer since there are about 9.5 million people in Belarus compared […]
read more...A coalition of 30 free market and taxpayer advocacy organizations is calling for the end of the export-import bank. CF&P joined the Americans for Prosperity-led coalition in signing a letter that explains how the Export-Import Bank distorts markets and harms Americans. Full text of the letter: Dear Members of Congress: On behalf of our groups […]
read more...What happens when you mix something good with something bad? To be more specific, what happens when you have a big success story, like the spending cap in Switzerland that has dramatically slowed the growth of government, and then expect intelligent and coherent coverage by a government-run media outfit that presumably wants a bigger public sector? Well, the answer […]
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