Actually, that’s too broad of a brush, but I do despise people of any nationality who think that they are entitled to mooch off the labor and capital of others. I also fear for my country because of such people. Benjamin Franklin is rumored to have said that,…
Daily Analysis
Act of Congress to Protect Against Acts of God
Eli Lehrer writes in the Weekly Standard this week about a bill from Congressman Ron Klein that seems to be companion legislation to Congressman Richard Neal’s Reinsurance Bill. The article correctly points out the anti-market effects of such legislation: Those who…
Complicated Banking Regulations and Double Taxation Hurt Americans Abroad.
The New York Times ran an article this week about an increasing number of Americans living and working abroad who are considering taking the drastic step of giving up their American citizenship. Most of these expats would ideally like to maintain their citzenship but…
Obama Is Not a Socialist.
Newt Gingrich writes in the Washington Post to defend his assertion that Obama is a socialist. He cites several examples of the President’s big-government agenda, which are excerpted below. These are all examples of bad policy, to be sure, but other than the…
A Sordid Combination of Tax Greed and Protectionist.
Tax-news.com reports that the French and Italian governments want Europe to impose a tax on imports from nations that don’t adopt misguided climate-change/global-warming rules. This is awful policy, but the good news is that such a policy presumably won’t…
Bush Was a Statist, not a Conservative
A former White House speechwriter, Mark Thiessen, has jumped to the defense of his former boss, writing for the Washington Post that George W. Bush “established a conservative record without parallel.” Even by the loose standards of Washington, that is a…
Excellent Video Channeling Bastiat
Tom Palmer of the Altas Network has a very concise – yet quite devastating – video exposing the Keynesian fallacy that the destruction of wealth by calamaties such as earthquakes or terrorism is good for economic growth. Tom cites the work of Bastiat, who…
Free-Market Organ Sales Would Save Lives.
USA Today reports on a study showing that payments to donors would significantly increase the supply of kidneys available for transplant. Such a system potentially could save thousands of lives per year, so it is perplexing that statists are so viscerally opposed. The…
More Sarkozy Demagoguery on Financial Regs.
Nicholas Sarkozy spoke at Columbia University in New York on Monday and, as he has done before, demonstrated that everyone who calls themselves a conservative is not a free marketer. The French President pressed for an expansion of global financial bureaucracies and…
We'll Pay More and Get Less, but at Least Castro Is Happy with Obamacare.
I actually think this it is unfair to highlight Fidel Castro’s endorsement of Obamacare, but I’m in a grumpy mood because I’ve started a diet, so I’ll simply twist the knife a bit by noting that we probably could improve American healthcare by…