Regular readers know that the two things that get me most excited are the Georgia Bulldogs and the fight against a bloated public sector that is ineffective in the best of circumstances and more often than not is a threat to our freedoms. So you will not be surprised…
Daily Analysis
Economics 101 Video Tackles Poverty
The latest video from our Economics 101 Series tackles poverty, an issue frequently used to pull heart-strings in support of big government policies. But as the video shows, big government redistribution schemes are not making the problem better, and are likely making…
More Evidence for School Choice
School choice doesn’t automatically mean every child will be an educational success, but evidence from other nations certainly suggests it means better overall performance. Sweden, Chile, and the Netherlands are just some of the countries that have seen good results…
New Rankings from Economic Freedom of the World Reveal Dismal Impact of Bush-Obama Statism
The 2011 edition of Economic Freedom of the World, published by Canada’s Fraser Institute (with help from groups like Cato), has been released. Covering data through 2009, the new report provides damning evidence of the negative impact of the Bush-Obama policies of…
Rich People Should Help the Poor by…Making Smart Investments and Earning Big Profits
There’s a very provocative article on the New York Times website that criticizes Steve Jobs for his supposed lack of charitable giving. Surprisingly, there is one thing that Mr. Jobs is not, at least not yet: a prominent philanthropist. Despite accumulating an…
Bacon, Duct Tape, and the Free Market
It’s hard to imagine how we would get through life without necessities like bacon and duct tape. But have you ever thought about how the free market gives you so much for so little? Here’s a video that should be mandatory viewing in Washington. Too bad politicians…
Why Are Some Countries Rich and Others Poor?
Here’s a new video, less than 2-1/2 minutes, pointing out some of the key differences between rich nations and poor nations. Not surprisingly, small government, free markets, and sound institutions are critical. I narrated a similar video, released more than two years…
Even World Bank Research Shows Economic Liberty Is Better than Government Dependency
Regular readers know that I’m not a big fan of the international bureaucracies. I don’t like the International Monetary Fund because it encourages bad policy by bailing out nations such as Greece. I don’t like the Organization for Economic Cooperation and Development…
Crikey, Australia’s a Good Role Model
The Economist magazine has a couple of good articles about Australia’s increasingly enviable economic status. Here’s a blurb from the first article, which outlines the pro-market reforms that enabled today’s prosperity. Only a dozen economies are bigger, and only six…
China, Currency Wars, Monetary Policy, and Competitiveness
I was part of a debate for an English-language Russian TV program on the international implications of economic policy, particularly with regard to the United States and China. My job was simple because I am not a big fan of either nation’s policy. Government…