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The Punitive Economic Cost of Class-Warfare Taxation

The Punitive Economic Cost of Class-Warfare Taxation

I’ve already shared a bunch of data and evidence on the importance of low tax rates. A review of the academic evidence by the Tax Foundation found overwhelming support for the notion… Read more »

An Italian Doctor Joins the Bureaucrat Hall of Fame

An Italian Doctor Joins the Bureaucrat Hall of Fame

In April of 2013, I introduced a Moocher Hall of Fame to “celebrate” some very odious examples of welfare dependency. Since that time, I keep thinking that it’s time to do something… Read more »

Debunking the Sloppy and Inaccurate Economic Argument for Export Subsidies

Debunking the Sloppy and Inaccurate Economic Argument for Export Subsidies

The Export-Import Bank is noxiously corrupt example of crony capitalism. It never should have been created. But that’s something we could say about most government programs. So the real question is how… Read more »

It Doesn’t Seem Possible, but France Is Going from Bad to Worse

It Doesn’t Seem Possible, but France Is Going from Bad to Worse

Remember when Paul Krugman warned that there was a plot against France? He asserted that critics wanted to undermine the great success of France’s social model. I agreed with Krugman, at… Read more »

Australia’s Worrisome Fiscal Drift

Australia’s Worrisome Fiscal Drift

I’m in Australia for Consilium, an annual conference which is hosted by the Centre for Independent Studies. I spoke on fiscal policy and pontificated on the need for nations to restrain government… Read more »

The Federal Bagpipe Police?!?

The Federal Bagpipe Police?!?

I’ve shared horror stories about government thuggery and I’ve shared horror stories about government stupidity. Thanks to Mark Steyn, we have a story that exemplifies both the brain-dead nature of the public sector… Read more »

The Medicare Money Pit of Waste, Fraud, and Abuse

The Medicare Money Pit of Waste, Fraud, and Abuse

Since I primarily work on fiscal policy, I normally look at the budgetary impact of entitlement programs. And the numbers are very grim. But I’m also an economist, so I periodically comment… Read more »

New Members of the Bureaucrat Hall of Fame…or a Great Moment in Government Waste

New Members of the Bureaucrat Hall of Fame…or a Great Moment in Government Waste

Which nation has the most costly bureaucracy? Well, if the answer is based solely on how much it costs to employ bureaucrats, you can see from this chart that Denmark comes in… Read more »

Social Security’s Looming Fiscal Nightmare

Social Security’s Looming Fiscal Nightmare

With all the controversy over the failed and costly Obamacare program, it’s understandable that other entitlements aren’t getting much attention. But that doesn’t mean there aren’t serious problems with Medicaid, Medicare, and Social Security. Indeed, the annual Social Security… Read more »

What Happens When Libertarian Fantasies Become Reality?

What Happens When Libertarian Fantasies Become Reality?

No, this post is not about that kind of fantasy. Instead, we’re dealing strictly with public policy and specifically addressing whether the libertarian agenda is unrealistic. This is because when I talk… Read more »