Gimmicky Public Policy from Japan

Gimmicky Public Policy from Japan

It’s hard to be optimistic about Japan’s economic future, in large part because the burden of government is expanding thanks to an aging population and a tax-and-transfer entitlement system. Maintaining that approach is a recipe for ever-higher...
Celebrating the Death of the Evil Empire

Celebrating the Death of the Evil Empire

There are not many advantages to being old, but I feel lucky to have been alive to see the collapse of the Berlin Wall and the dissolution of the Soviet Union. We should celebrate this victory over evil every day. But especially on December...
The Economics of Scrooge

The Economics of Scrooge

Since it’s Christmas Eve, let’s use this opportunity for a holiday-themed economics lesson. I did a version of this back in 2012 by sharing a remake of Christmas songs. This year, we’re going to look at A Christmas Carol by Charles Dickens....
(Pathetic) Politician of the Year

(Pathetic) Politician of the Year

Senator Elizabeth Warren is a particularly noxious politician. It’s not just that she’s a doctrinaire leftist on a wide range of issues (class warfare, corporate governance, government spending, business taxation, cronyism, wealth...