Daily Analysis

Thomas Sowell Explains How the Welfare State Hurts the Poor

Thomas Sowell Explains How the Welfare State Hurts the Poor

Political cartoonists like Michael Ramirez and Chuck Asay are effective because they convey so much with images. But we need more than clever cartoons if we’re going to educate the general population about how government harms the economy and undermines freedom. And…

Tax Havens Are Good for High-Tax Nations

Regular readers know that one of my main goals is to preserve and promote tax competition as a means of restraining the greed of the political class. Heck, I almost wound up in a Mexican jail because of my work defending low-tax jurisdictions. As you can imagine, it’s…

The Very High Cost of Government Regulation and Red Tape

In prior posts, I’ve shared some remarkable numbers on the cost of regulation. Americans spend 8.8 billion hours every year filling out government forms. The economy-wide cost of regulation is now $1.75 trillion. For every bureaucrat at a regulatory agency, 100 jobs…

What’s the Better Role Model, France or Switzerland?

At the European Resource Bank conference earlier this month, Pierre Bessard from Switzerland’s Institut Liberal spoke on a panel investigating “The Link between the Weight of the State and Economic prosperity.” His presentation included two slides that definitely are…

Obamanomics and Big Government: Bad News for Young People

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…