Politicians are violating Mitchell’s Golden Rule.
Daily Analysis
The Case Against Socialism
Reviewing the evidence.
New Illinois Governor Wants to Accelerate the State’s Fiscal Collapse with a “Progressive” Tax
He wants to end the only decent feature of the state’s tax code.
Democrats Pass Sweeping Election Reform Bill That Undermines Democracy
H.R. 1 undermines many democratic institutions.
Is Socialism on the Winning Side of History?
Has the US passed a tipping point?
Historical Evidence on Reducing Large Debt Burdens
How three advanced nations successfully dealt with large debt burdens.
The FDA’s Wrongheaded Approach to Opioids
The FDA pays only lip services to the real problem.
Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?
Our system of housing finance is mucked up by government intervention
My Sporadically Successful Career as a Global Money Launderer
Two personal stories illustrate how AML laws work (or don’t) in practice.
The Folly of Rent Control
This is spectacularly bad policy.