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Obamacare is Bad News for Your Wallet Today and Worse News for Your Wallet Tomorrow

Obamacare is Bad News for Your Wallet Today and Worse News for Your Wallet Tomorrow

I wrote a few weeks ago about the hidden economic damage of Obamacare, particularly the harm to the job market. Today, let’s get further depressed by looking at the ever-worsening fiscal damage… Read more »

Scholarly Evidence Shows that Discretionary Spending Undermines Economic Growth

Scholarly Evidence Shows that Discretionary Spending Undermines Economic Growth

I’ve shared lots of data and evidence about the harmful economic impact of government spending. Simply stated, budgetary outlays divert resources from more productive uses.And this results in labor and capital being misallocated, leading to less economic… Read more »

The Left Was Wrong about Unemployment Insurance

The Left Was Wrong about Unemployment Insurance

Over the past several years, I’ve repeatedly argued that you get more unemployment when the government pays people to be unemployed. But I’m not just relying on theory. I’ve cited both anecdotes and empirical research to… Read more »

Libertarianism and the Proper Meaning of Patriotism

Libertarianism and the Proper Meaning of Patriotism

Since we’re enjoying a long holiday weekend to celebrate the 4th of July, let’s take a moment to ponder patriotism. I’ve always been inspired (in more ways than one) by this… Read more »

Everything You Need to Know about Greece

Everything You Need to Know about Greece

We’re going to touch on two topics today. I realize that not that many readers care about Greek economic policy, but sometimes other nations can teach us very important lessons…. Read more »

Is the IRS Suffering from “Fewer Resources”?

Is the IRS Suffering from “Fewer Resources”?

The internal revenue service has allowed itself to become a tool of the White House. To be more specific, bureaucrats at the tax-collection agency sought to undermine a free and… Read more »

Bigger Government Means More Corruption

Bigger Government Means More Corruption

A story in Fortune reports that government corruption at the state level is very costly. …corruption is everywhere, in one form or another. And it’s costing U.S. citizens big time. A new study from… Read more »

Herbert Hoover’s Anti-Market Policies Helped Turn an Economic Downturn into a Great Depression

Herbert Hoover’s Anti-Market Policies Helped Turn an Economic Downturn into a Great Depression

There have been many truly awful presidents elected in the United States, but if I had to pick my least favorite, I might choose Herbert Hoover. I obviously have disdain… Read more »

America Should Export a Belief in the Free Market, Not Cronyism

America Should Export a Belief in the Free Market, Not Cronyism

Numerous arguments have been made here in opposition to re-authorization of the Export-Import bank. But perhaps the most fundamental is that America ought to lead by example when it comes… Read more »