Every year, I look forward to the annual releases of both Economic Freedom of the World and the Index of Economic Freedom. With their comprehensive rankings, these two publications enable interested parties to compare nations and see which countries are moving in the right direction. As an American, I’m ashamed to say that these publications […]
read more...I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government, not the fact that nations are having a hard time borrowing […]
read more...I’m never guilty of being an optimist, but two items caught my attention today that suggest the tide may be turning on entitlement reform. We’ll start with something from the New York Times. Regular readers know that I’ve criticized that paper on a few occasions. Sometimes it’s because of silly editorializing, such as this bit […]
read more...Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I first did this back in September 2010, and showed that […]
read more...Here’s a riddle for policy wonks. What do you get if you take my videos on the economics of government spending and mix them in a blender with my videos on America’s entitlement crisis? You get this concise but compelling video from the Blaise Ingoglia at Government Gone Wild. Blaise has several other videos I […]
read more...I agree with George Will that it’s okay to reduce Pentagon spending. After all, the United States accounts for almost one-half of the world’s military outlays, about twice as much as the combined total of possible enemies. But I also agree that national defense is one of the few legitimate functions of the federal government, […]
read more...I’ve certainly complained about Obamacare from a fiscal perspective, warning that it means higher taxes and more spending. And I’ve also warned that it will make our health care system less efficient and could lead to some of the horrifying examples of rationing and poor care that you find in the United Kingdom (scroll to […]
read more...Every so often, you read something so ridiculously stupid and absurd that you assume that you’re being pranked. So you look to the date of the article to see if it says April 1. Or you look at the Internet address to see if it’s a parody of a real website. So when I read […]
read more...Even though I’ve already made clear that I am less-than-overwhelmed by the thought of Mitt Romney in the White House, I worry that people will become to think I’m a GOP toady. That’s because I’ve been spending a lot of time providing favorable analysis and commentary on the relative merits of the Ryan budget (particularly proposed […]
read more...I’ve been against the auto bailout from the very beginning because it was a corrupt payoff to lazy corporate fat-cats and an ossified union. And when folks on the left say the bailout is a success, I explain that any industry can be propped up with a sufficiently large injection of other people’s money. Now […]
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