Europe’s large welfare states are dragging the continent down.
Daily Analysis
What Can Hong Kong and Cuba Teach Us about Economic Policy?
Hong Kong and Cuba were once economically very similar; now they are world’s apart. The explanation why is simple.
Social Capital, Culture, Markets, and Institutions
Scholars have wrangled with the questions of social capital for centuries. Can we make sense of it?
Obama’s Legacy: Statist, European-Style Policies Lead to Anemic, European-Style Economic Performance
Malaise is in the future.
Hong Kong’s Remarkable Fiscal Policy
I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by comparing Hong Kong’s economic performance to the comparatively lackluster (or weak)…
Obama Admin Prepares Rules Targeting For-Profit Colleges
Obama administration presses ahead in its war on for-profit colleges.
Believe It or Not: A Communist Nation Is the World’s Most Pro-Capitalist Country
Every so often, I share polling data from other nations that is either encouraging or puzzling. Looking through the archives, here are some memorable examples. *Americans are more libertarian than Europeans. *On the other hand, the French support spending cuts by a…
The United States Improves to #12 in New Rankings of Global Economic Freedom
Divided government is good for America’s economy. Or, to be more specific, divided government is a net plus if the alternative is to have statists fully in charge of economic policy. I made this point back in 2012 when I pointed out that the unemployment rate started…
Myths about Capitalism
In addition to his side job as Director of Undergraduate Studies for the Economics Department at Harvard University, Jeff Miron is Director of Economic Studies at the Cato Institute. He’s also the narrator of this video from Learn Liberty that discusses three myths…
Bureaucrats at the United Nations Endorse Sweeping New Tax Powers for Politicians
I’m not a big fan of international bureaucracies. Regular readers know that the Organization for Economic Cooperation and Development is the worst institution from my perspective, followed by the International Monetary Fund. Some folks ask why the United Nations isn’t…