I’m not reluctant to criticize my friends at the Heritage Foundation. In some cases, it is good-natured ribbing because of the Cato-Heritage softball rivalry, but there are also real policy disagreements. For instance, even though it is much better than current…
I’ve repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the economy, which means either higher taxes or more red ink. So unless one actually thinks that politicians…
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…
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…
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…
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…
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….
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…
With many European nations already in the midst of a fiscal crisis caused by excessive government, and with most other industrialized nations heading down the same path thanks to aging populations and poorly designed entitlement programs, this would be a good time for…
Two of my favorite things in life are the Laffer Curve and the Georgia Bulldogs. So you know I’m going to approve when an economics professor from the University of Georgia writes a column about the power of the Laffer Curve. And since I’m a libertarian and the…