It goes without saying that I’m always ready to defend tax havens when statists are seeking to undermine tax competition, financial privacy, and fiscal sovereignty. So when the BBC asked if I would debate the topic, I said yes even though I’m in Paris (where supporting liberty is probably a capital crime). I think the […]
read more...couple of years ago, I shared a chart that powerfully demonstrated why Greece was in fiscal crisis. The chart, which showed the explosive growth of the government bureaucracy, also provided some indication of why reform would be so difficult. Once a majority of a country’s voting-age population is riding in the wagon of government dependency, […]
read more...I periodically post TV interviews and the second-most-watched segment – edged out only by my debate with Robert Reich on Keynesian economics – was when I discussed how President Obama’s statist policies are bad for young people. So there’s obviously some concern about the future of the country and what it means for today’s youth. […]
read more...It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the same way when two of the world’s worst murderers, Hitler and Stalin, went to war in 1941. I have the same attitude about the fiscal […]
read more...I’m in Vienna, Austria, for the annual European Resource Bank meeting. I had the pleasure last night of listening to Jose Pinera speak about economic reform in Chile, particularly the system of personal retirement accounts. He shared a chart that conclusively shows why good economic policy makes a difference. Wow. Look at how much faster […]
read more...What’s the most noxious example of hypocrisy from the political class? Is it left wingers from Obama’s cabinet utilizing tax havens while supporting higher taxes for the rest of us peasants? Or how about politicians who voted for Obamacare and are now trying to exempt themselves and their staff from the law? The limousine liberals […]
read more...I’ve complained ad nauseam about how government has screwed up the health sector, both because of spending programs such as Medicare and Medicaid and because of tax and regulatory distortions that have mutated the supposedly private insurance market into some bizarre form of pre-paid, all-you-can-eat healthcare. These policies have created a third-party payer crisis. There […]
read more...I had the gall to share a video yesterday of me lecturing for an hour about the economics of public policy (followed by another hour of Q&A). Though I also included this link to a six-minute video on the same topic for folks who just wanted to skim the surface. Well, for those who like […]
read more...I’ve narrated a video that cites Economic Freedom of the World data to explain the five major factors that determine economic performance. But that video is only six minutes long, so I only skim the surface. For those of you who feel that you’re missing out, you can listen to me pontificate on public policy […]
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