Is Gridlock a Good Outcome?

Is Gridlock a Good Outcome?

Most Republicans and Democrats have a self-interested view of divided government. They obviously prefer if their party controls everything. After all, that’s how Republicans got tax reform in 2017 and it’s how Democrats got Obamacare in 2010. But they also like...
Is Japan a Role Model for the United States?

Is Japan a Role Model for the United States?

Japan is an interesting country to examine if you want insights about public policy. We can study the impact of population aging on fiscal outcomes. We can learn about the utter failure of Keynesian economics. We can understand why it’s a very bad idea to impose a...
New Zealand’s Risky Wage-Rigging Gamble

New Zealand’s Risky Wage-Rigging Gamble

I’m a big fan of New Zealand because the nation is a great example of how sweeping free-market reforms lead to very good results. The Kiwis got rid of all agriculture subsidies and farmers benefited. The Kiwis put the clamps on government spending, both in the 1990s...