This article from the Weekly Standard almost makes me want to cry with frustration. It shows how the healthcare system generally would function in the absence of government-imposed distortions such as Medicare, Medicaid, and (especially!) the tax loophole for…
Daily Analysis
The Enduring Influence of Ayn Rand and Atlas Shrugged
In a review of two new biographies about Ayn Rand, Charles Murray explains what made her books – particularly Atlas Shrugged – so powerful and persuasive: In 1991, the book-of-the-month club conducted a survey asking people what book had most influenced…
Brazil’s President Is Wiser than Obama
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was…
Brazil’s President Is Wiser than Obama
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was…
Killing Jobs with Class Warfare Corporate Taxation
Richard Rahn’s Washington Times column makes several key points about corporate taxation, including the fact that excessive taxation of capital (the corporate income tax being just one example) is extremely foolish such taxes impose the most damage – per dollar…
Excellent Defense of Supply-Side Economics
I recently posted favorable comments about a National Review article that made two important points about fiscal policy and supply-side economics. First, the article reminded “supply siders” that the burden of government spending is very important (and…
Why Do I Hate Republicans? Let Me Count the Ways.
Apologies to Elizabeth Barrett Browning, but I had to paraphrase her famous line after reading this Bill McGurn column in the Wall Street Journal about how Republican poliitcal hacks in the Illinois state legislature voted to kill a voucher bill that would have…
I Hate the Greeks (and the French, and the Brits, and the Americans).
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,…
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…