This video from Reason TV about school choice in New Orleans is a perfect example of something good resulting from a bad event. Lemonade out of lemons!

The news that China has surpassed Japan as the world’s second-largest economy has generated a lot of attention. It shouldn’t. There are roughly 10 times as many people in China as there are in Japan, so the fact that total gross domestic product in China is now bigger than total gross domestic product in Japan […]

Here’s my debate on Larry Kudlow’s show about Social Security personal retirement accounts.

Walter Williams looks at the terrible job Republicans did when they last held power and asks whether they deserve to win the House and/or Senate this November. Or perhaps the real question is whether it would make a difference for Republicans to regain control? The real test, Walter explains, is whether they would use their […]

There’s been a bit of chatter in the blogosphere about a recent post on Ezra Klein’s blog featuring estimates from various economists about the revenue-maximizing tax rate. It won’t come as a surprise that people on the right tended to give lower estimates and folks on the left had higher guesses. Donald Luskin of National […]

After my recent post on “bashing the IRS,” I got several emails and comments asking whether a national sales tax might be a better idea than the flat tax. I’m a big fan of proposals such as the Fair Tax. I’ve debated in favor of the national sales tax, done media interviews in favor of […]

I appeared on CNBC earlier today to explain why a stake should be driven through the heart of Fannie Mae and Freddie Mac. My debate opponents seems to be somewhat on the right side and admits that Fannie and Freddie are bad news, but inexplicably wants to keep them alive.

Former House Majority Leader Dick Armey and Matt Kibbe of FreedomWorks have a column in today’s Wall Street Journal that explains the spontaneous, grassroots phenomenon of tea parties. They have plenty of interesting political and social analysis, but the most important part of their column is when they point out that the tea party movement […]