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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 »

Another Victory for the Laffer Curve, this Time over the Lifestyle Puritans

Another Victory for the Laffer Curve, this Time over the Lifestyle Puritans

What do cigarettes and capital gains have in common? Well, they both start with the same letter, so maybe the Cookie Monster could incorporate them into his favorite song, but I’m… Read more »

Secular Stagnation Is the Unwelcome and Predictable Consequence of Bad Policy and Big Government

Secular Stagnation Is the Unwelcome and Predictable Consequence of Bad Policy and Big Government

I shared a chart back in February that shows how long it takes to double GDP based on different growth rates. For instance, if the economy grows only 1 percent per year,… Read more »

Some Praise for a Minor Part of Obamacare

Some Praise for a Minor Part of Obamacare

I like to think that very few people despise Obamacare more than me. I don’t like Obamacare because it’s a fiscal boondoggle. I don’t like Obamacare because it’s bad healthcare policy. I don’t like… Read more »

Encouraging Polling Data…Plus Disturbing Policy Developments from Russia and the United Kingdom

Encouraging Polling Data…Plus Disturbing Policy Developments from Russia and the United Kingdom

The polling data I shared last month about confused young people was a bit of a downer, so let’s look at three different polls that are a bit more encouraging. First, I’m… Read more »

World Bank Research Shows Tax Complexity Facilitates Corruption

World Bank Research Shows Tax Complexity Facilitates Corruption

I don’t like international bureaucracies because they generally push for policies that expand the burden of government and undermine economic growth. But I recognize that there are some good people… Read more »

America’s Libertarian Moment?

America’s Libertarian Moment?

I think libertarianism is the philosophy that best reflects human decency, but I sometimes wonder why libertarians aren’t more persuasive and why there aren’t any libertarian societies. However, maybe there’s a light at the… Read more »

Obama, Corporate Inversions, and Grotesque Hypocrisy

Obama, Corporate Inversions, and Grotesque Hypocrisy

Last month, I put together a list of six jaw-dropping examples of left-wing hypocrisy, one of which featured Treasury Secretary Jacob Lew. He made the list for having the chutzpah to criticize corporate… Read more »

Disgusting News and Great News about the Exercise of Second Amendment Freedoms

Disgusting News and Great News about the Exercise of Second Amendment Freedoms

As a libertarian, it’s easy for me to get agitated about the theoretical burden of high taxes, wasteful spending, and costly regulation. But even regular people should get upset when… 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 »