The Market Center Blog Subscribe to Blogs
Why Won’t Washington Understand that Paying People to Be Unemployed Means More Unemployment?
I’ve written periodically about the perverse incentives of the unemployment insurance system. Simply stated, there will be fewer jobs if the government subsidizes joblessness, and I even showed that this… Read more
Patriotism, Loyalty, Tax Competition, and “Tax Fugitives”
I fight to preserve tax competition, fiscal sovereignty, and financial privacy for the simple reason that politicians are less likely to impose destructive tax policy if they know that labor… Read more
A Lesson for Krugman, et al, about Canada’s Real Fiscal Restraint vs. the United Kingdom’s Faux Austerity
Demonstrating that he’s probably not a fan of Mitchell’s Golden Rule, Paul Krugman recently asserted that fiscal austerity has failed in the United Kingdom. Citing Keynesian theory and weak economics… Read more
Sex and the Power of Economics
Even though there is a wealth of evidence for the Laffer Curve, statists and other big-government advocates routinely claim that incentives don’t matter. So I wonder how they’ll react to… Read more
Even with a Volatile Stock Market, Personal Retirement Accounts Are Better and Safer than Social Security
Early last year, CF&P released this video, narrated by yours truly, making the case that the United States and other nations should shift from a tax-and-transfer entitlement scheme to a… Read more
Thanks to these Horror Stories of Stupidity and Incompetence, Prepare to Downgrade Your Opinion of Big Government
While I’m obviously not a fan of big government, I have mixed feelings about why the public sector is so blindly wasteful. Is it because politicians and bureaucrats are well-intentioned… Read more
How Can Obama Look at these Two Charts and Conclude that America Should Have Higher Double Taxation of Dividends and Capital Gains?
As discussed yesterday, the most important number in Obama’s budget is that the burden of government spending will be at least $2 trillion higher in 10 years if the President’s… Read more
According to Obama’s Budget, Burden of Federal Spending Will Be $2 Trillion Higher in 10 Years
President Obama’s budget proposal was unveiled today, generating all sorts of conflicting statements from both parties. Some of the assertions wrongly focus on red ink rather than the size of… Read more
Is Warren Buffett’s Support for Higher Taxes a Way of Paying Back Politicians for Big-Government Policies that Line His Pockets?
President Obama, echoed by the establishment media, routinely trumpets Warren Buffett’s support for higher taxes. If this rich guy is willing to pay more, the story goes, then surely the… Read more
Data in New World Bank Report Shows that Large Public Sectors Reduce Economic Growth
When Ronald Reagan said that big government undermined the economy, some people dismissed his comments because of his philosophical belief in liberty. And when I discuss my work on the… Read more
