When I travel, particularly overseas, I run into a lot of people who are totally confused about the American healthcare system. For all intents and purposes, they think the United States relies on the free market and that government (at least in the pre-Obamacare era)…
Daily Analysis
Free Markets Protect Consumers with “Mutually Reinforcing” Private Regulation
I’ve written before about the heavy costs of regulation, including these rather sobering statistics. Or, to be more accurate, here are some staggering numbers. Americans spend 8.8 billion hours every year filling out government forms. The economy-wide cost of…
The United States Plummets to 18th in New Economic Freedom of the World Rankings
Wow. I wasn’t surprised to learn that the United States dropped in the new rankings unveiled today in Economic Freedom of the World. But I’m somewhat shocked to learn that we fell from 10th last year all the way down to 18th this year, as can be seen on the chart…
International Data on Living Standards Show that the United States Should Not Become More Like Europe
I’m not a big fan of international bureaucracies, particularly the Paris-based Organization for Economic Cooperation and Development. The OECD, funded by American tax dollars, has become infamous for its support of statist pro-Obama policies. The OECD has allied…
The New Assault on Financial Freedom
Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part of this ongoing effort to undermine tax competition and make it easier…
Thank the Private Sector for the Internet, not Government
As part of his campaign to expand the size and scope of the federal government (and to justify his advocacy of class-warfare taxation), President Obama has been asserting that all of us benefit from government spending. It’s why he now echoes Elizabeth Warren’s claim…
Thanks to Pro-Free Market Reforms, Chile Is the Latin Tiger
One of the reasons why this blog is called International Liberty is that the world is a laboratory, with some nations (such as France) showing why statism is a mistake, other jurisdictions (such as Hong Kong) showing that freedom is a key to prosperity, and other…
In Tallinn, Helping to Protect the People of Estonia from Krugmanomics
Last month, I exposed some major errors that Paul Krugman committed when he criticized Estonia for restraining the burden of government spending. My analysis will be helpful since I am now in Estonia for a speech about economic reform, and I wrote a column that was…
The Moral Case for Free Enterprise
A couple of months ago, I discussed a column by Arthur Brooks, in which he explained that libertarians and conservatives need to make a moral argument for capitalism and not just rely on statistics and economic analysis. This is correct, I believe, and I cited myself…
So-Called Paycheck Fairness Act Would Allow Government to Second-Guess Private Markets
Back in 2010, I cited the superb work of Christina Hoff Summers as she explained that we should let markets determine wages rather than giving that power to a bunch of bean-counting bureaucrats. She wrote that article because leftists at the time were pushing a…