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Myths about Capitalism

Myths about Capitalism

In addition to his side job as Director of Undergraduate Studies for the Economics Department at Harvard University, Jeff Miron is Director of Economic Studies at the Cato Institute. He’s also the… Read more »

A Very Bad Year for Obamacare…and a Worse Year for the Victims of Obamacare

A Very Bad Year for Obamacare…and a Worse Year for the Victims of Obamacare

In the last few months of 2013, Obamacare suffered a series of embarrassing setbacks dealing with everything from a clunky website to plan cancellations tothe White House feeling compelled to arbitrarily ignore the law. Since… Read more »

The Ebola Virus and the Case for Limited – and Competent – Government

The Ebola Virus and the Case for Limited – and Competent – Government

Does big government necessarily and automatically imply incompetent government? Unfortunately, that seems to be the case. Robert Samuelson, for instance, has written that the federal government is so large that it breeds… Read more »

Bureaucrats at the United Nations Endorse Sweeping New Tax Powers for Politicians

Bureaucrats at the United Nations Endorse Sweeping New Tax Powers for Politicians

I’m not a big fan of international bureaucracies. Regular readers know that the Organization for Economic Cooperation and Development is the worst institution from my perspective, followed by the International Monetary Fund. Some… Read more »

Minimum Wage Follies

Minimum Wage Follies

The great Krugtron the Invincible argues the minimum wage can be increased without much consequence. He says there’s “hardly any cost to raising it,” and that “we can raise these… Read more »

Obama Is Right about the European Economy…But Doesn’t Grasp the Implications

Obama Is Right about the European Economy…But Doesn’t Grasp the Implications

I’m not a big fan of Obamanomics. I don’t like the President’s class-warfare mentality on taxes. I don’t like his support for Keynesian spending policy. And I don’t like his costly expansions of government such as Obamacare…. Read more »

Nation’s Leader Rejects Keynesian Economics, Acknowledges that Real Jobs Are Created by the Private Sector

Nation’s Leader Rejects Keynesian Economics, Acknowledges that Real Jobs Are Created by the Private Sector

You’re probably surprised by the title of this post. You may even be wondering if President Obama had an epiphany on the road to Greece? I don’t mean to burst your bubble,… Read more »

Led by North Carolina and Kansas, a Look at States Moving in the Right Direction

Led by North Carolina and Kansas, a Look at States Moving in the Right Direction

My colleagues Chris Edwards and Nicole Kaeding have just released the biannual Fiscal Policy Report Card on America’s Governors from the Cato Institute. The Report Card is on the Cato Institute’s most… Read more »

The Rahn Curve and the Laffer Curve

The Rahn Curve and the Laffer Curve

What’s the relationship between the Rahn Curve and the Laffer Curve? For the uninitiated, the Rahn Curve is the common-sense notion that some government is helpful for prosperous markets but too much government… Read more »

Texas Is Booming…but CNN Doesn’t Want You to Know Why

Texas Is Booming…but CNN Doesn’t Want You to Know Why

Much of my writing is focused on the real-world impact of government policy, and this is why I repeatedly look at the relative economic performance of big government jurisdictions and… Read more »