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Tag Archives: fiscal policy

Mirror, Mirror, on the Wall, Which Nation Is in the Deepest Fiscal Doo-Doo of All?

Mirror, Mirror, on the Wall, Which Nation Is in the Deepest Fiscal Doo-Doo of All?

According to the Bank for International Settlements, the United States has a terrible long-run fiscal outlook. Assuming we don’t implement genuine entitlement reform, the only countries in worse shape are… Read more »

What’s the Half-Life of a “Temporary” Tax Increase?

What’s the Half-Life of a “Temporary” Tax Increase?

Milton Friedman famously noted that, “Nothing is so permanent as a temporary government program”and Ronald Reagan sagely observed that “a government bureau is the nearest thing to eternal life we’ll… Read more »

Tax Havens Are Good for High-Tax Nations

Tax Havens Are Good for High-Tax Nations

Regular readers know that one of my main goals is to preserve and promote tax competition as a means of restraining the greed of the political class. Heck, I almost… Read more »

The Moochers and Looters in France Are Running Out of Victims

The Moochers and Looters in France Are Running Out of Victims

The late, great Margaret Thatcher famously said that “Socialist governments…always run out of other people’s money” and “I love the smell of napalm in the morning” is an iconic line… Read more »

Some Much-Needed Remedial Public Finance Economics for David Cameron and other Statists

Some Much-Needed Remedial Public Finance Economics for David Cameron and other Statists

In a recent interview with the BBC, I basically accused UK Prime Minister David Cameron of being a feckless and clueless demagogue who is engaged in a desperate effort to… Read more »

The Never-Ending Story of Government Cost Overruns

The Never-Ending Story of Government Cost Overruns

Why does virtually everything the government does cost more than we’re initially told? In 2009, for instance, I warned that Obamacare would be much more costly than advertised, so I… Read more »

Can the David of Swiss Human Rights Withstand the Goliath of IRS Extraterritorial Tax Enforcement?

Can the David of Swiss Human Rights Withstand the Goliath of IRS Extraterritorial Tax Enforcement?

Because we live in an upside-down world, Switzerland is being persecuted for being a productive, peaceful nation that has a strong human rights policy with regards to privacy. More specifically,… Read more »

Europe’s Politicians Learned the Wrong Lesson from Saint Augustine

Europe’s Politicians Learned the Wrong Lesson from Saint Augustine

In my never-ending crusade to push for the right kind of austerity, I appeared on RT to pontificate on the merits of limited government. We got to cover a lot… Read more »

Siding with the Heritage Foundation in the “Austerity” Fight with Paul Krugman and the Washington Post

Siding with the Heritage Foundation in the “Austerity” Fight with Paul Krugman and the Washington Post

I’m not reluctant to criticize my friends at the Heritage Foundation. In some cases, it is good-natured ribbing because of the Cato-Heritage softball rivalry, but there are also real policy… Read more »

I Made a $16 Trillion Mistake, but Still Had a Stronger Position in this Debate

I Made a $16 Trillion Mistake, but Still Had a Stronger Position in this Debate

I’ve done a handful of TV debates on Social Security, including the time I said that I wished Republicans had a secret plan for personal retirement accounts. So I thought… Read more »