Politicians oftentimes defend fraud for self-interested reasons.
Daily Analysis
Japan’s Growing Burden of Government Means an Inevitable Fiscal Crisis
Why hasn’t the you-know-what hit the fan in Japan?
IMF Bureaucrats (Who Get Tax-Free Salaries) Recommend Big Tax Increases for Bulgaria
No surprise here…
Belgium, the Pack-a-Day Spending Habit, and the 20th Theorem of Government
The government budget is consuming ever-larger shares of the Belgian economy.
The Taiwan Economic Miracle
A closer look at Taiwan’s economic performance.
Can Milei-ism Save the United Kingdom, Part II?
The bi-partisan approach of bigger government is not working.
Learning the Wrong Lessons from Europe
European governments have given us very powerful evidence that tax increases are simply a recipe for more spending and more debt.
Part III: Is Switzerland the World’s Best Nation?
The most important fact about Switzerland…
The Looming Fiscal Crisis, Part II
How politicians will respond when a crisis unfolds.
Fiscal Rules Focused on Debt Don’t Necessarily Produce Good Outcomes
There’s one big problem with these rules.