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Ukraine’s Self-Imposed Statism Crisis

Ukraine’s Self-Imposed Statism Crisis

Using a comparison of Jamaica and Singapore, I recently argued that growth should trump inequality. Simply stated, a growing economic pie is much better for poor people that incentive-sapping redistribution programs that trap people in… Read more »

A Case Study of Why Growth Trumps Inequality

A Case Study of Why Growth Trumps Inequality

There’s a new book by French economist Thomas Piketty, called “Capital in the Twenty-First Century,”  that supposedly identifies the Achilles’ Heel of the market economy. Piketty argues that the rate… Read more »

America Should Copy Europe…if the Goal Is Stagnation and Lower Living Standards

America Should Copy Europe…if the Goal Is Stagnation and Lower Living Standards

I periodically (some would say over and over and over again, though occasionally made more palatable by using humor and cartoons) warn that the United States should not become a European-style welfare state. But I wonder whether I spend… Read more »

Bragging about the Debt Brake…but Failing to Explain What Makes It Successful

Bragging about the Debt Brake…but Failing to Explain What Makes It Successful

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… Read more »

America’s Most Clueless and Malicious Bureaucrats?

America’s Most Clueless and Malicious Bureaucrats?

I’ve already suggested that subsidies for the Paris-based Organization for Economic Cooperation and Development are the most wasteful and counterproductive item in the federal budget. At least on a per-dollar-spent basis…. Read more »

Statists Propose to Punish Success as Inequality Fix

Statists Propose to Punish Success as Inequality Fix

Thomas Picketty has received a lot of attention for his attack on capitalism. His new book Capital in the Twenty-first Century has breathed new life into old Marxist critiques of capitalism,… Read more »

Debating How Best to Create Jobs: Markets or Government?

Debating How Best to Create Jobs: Markets or Government?

Early last month, I wrote an article for The Federalist on job creation. I used that opportunity to document that there is a serious problem with jobs under Obama, and I explained that the problem… Read more »

Financial Bureaucrats on Easy Street, with Consumers and Taxpayers Paying the Bill

Financial Bureaucrats on Easy Street, with Consumers and Taxpayers Paying the Bill

I’ve complained many times about government intervention in the financial sector. The financial and housing crisis, for instance, was largely a consequence of the Federal Reserve’s easy-money policy, combined with the… Read more »

A New Member of the Moocher Hall of Fame

A New Member of the Moocher Hall of Fame

About one year ago, I decided to create a “Moocher Hall of Fame” to highlight how certain people went above and beyond the call of indolence in their efforts to… Read more »

Should Companies Do What’s Best for Government, or Should They Do What’s Best for Workers, Consumers, and Shareholders?

Should Companies Do What’s Best for Government, or Should They Do What’s Best for Workers, Consumers, and Shareholders?

I’m in favor of free markets. That means I’m sometimes on the same side as big business, but it also means that I’m often very critical of big business. That’s because large companies… Read more »