Who Should Pay When Government Fails?

Who Should Pay When Government Fails?

Early last decade, a former Prime Minister of Iceland was brought before a special tribunal to determine whether he was legally responsible for his nation’s 2008 economic downturn. As you might imagine, I had mixed emotions about that story. On one...
Ten Observations about Trump and the GOP

Ten Observations about Trump and the GOP

Since I’m a policy wonk, I rarely play the role of political pundit other than biennial election predictions. But I’m getting a lot of requests to comment about Trump, especially in light of the recent protest/riot/insurrection and the ongoing political fallout...
The Globe’s Looming Fiscal Crisis

The Globe’s Looming Fiscal Crisis

I have repeatedly warned that nations get in fiscal trouble when government is too big and growing too fast. In such countries, it’s very common to find high levels of government debt as one of the symptoms of excessive spending. This can create the conditions for a...
The Lesson We Should Learn from 2020

The Lesson We Should Learn from 2020

I’ve already written a column about the best and worst developments of 2020. But what if we wanted to identify a lesson that society should have learned from the past 12 months? Well, there’s an obvious answer, especially for those of us with libertarian sympathies....