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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 »

Social Security’s Looming Fiscal Nightmare

Social Security’s Looming Fiscal Nightmare

With all the controversy over the failed and costly Obamacare program, it’s understandable that other entitlements aren’t getting much attention. But that doesn’t mean there aren’t serious problems with Medicaid, Medicare, and Social Security. Indeed, the annual Social Security… Read more »

What Happens When Libertarian Fantasies Become Reality?

What Happens When Libertarian Fantasies Become Reality?

No, this post is not about that kind of fantasy. Instead, we’re dealing strictly with public policy and specifically addressing whether the libertarian agenda is unrealistic. This is because when I talk… Read more »

A Fair Critique of the Fair Tax

A Fair Critique of the Fair Tax

I’m a long-time proponent of the flat tax for three simple reasons. 1. It replaces the discriminatory “progressive” tax with a single tax rate at the lowest possible level, thus reducing the tax penalty on… Read more »

The No-Comparison Comparison of Reagan v Obama

The No-Comparison Comparison of Reagan v Obama

Have you ever wondered why, in a hypothetical match-up, the American people would elect Ronald Reagan over Barack Obama in a landslide? And have you ever wondered why Americans rate Reagan as the… Read more »

The IMF’s Continuous – and Destructive – Love Affair with Higher Taxes

The IMF’s Continuous – and Destructive – Love Affair with Higher Taxes

Since I’m an economist, I generally support competition. But it’s time to admit that competition isn’t always a good idea. Particularly when international bureaucracies compete to see which one can… Read more »

Libertarianism and Human Decency

Libertarianism and Human Decency

Some people confuse being libertarian with being libertine. I’m sometimes asked, for instance, if I’m a libertarian because I want to smoke pot or do other drugs. I respond that… Read more »

The Trans-Atlantic Version of Great Moments in Government-Run Healthcare

The Trans-Atlantic Version of Great Moments in Government-Run Healthcare

When government suppresses the free market and takes over the healthcare sector, you get some really odd results. Consider these stories from Sweden:  A man sewing up his own leg after getting… Read more »

Should American Taxpayers Subsidize Israel’s Defense?

Should American Taxpayers Subsidize Israel’s Defense?

I rarely delve into foreign policy and defense issues. And when I do, such as my post about the conflict in Ukraine, it’s usually because it gives me an opportunity to… Read more »

An Obamacare Statist Gets Caught Lying (Over And Over Again)

An Obamacare Statist Gets Caught Lying (Over And Over Again)

Many of you probably heard about the “Halbig” decision, in which a federal court struck a blow against Obamacare by ruling that the IRS was wrong to arbitrarily grant subsidies… Read more »