A former colleague from my days at the Heritage Foundation, Robert Rector, has a very disturbing article at National Review Online. Robert explains that the Obama Administration is putting together a new – and rigged – definition of poverty that has…
Daily Analysis
Tom Sowell: Restoring Free Markets Is the Way to Fix Healthcare.
As usual, Tom Sowell uses basic economics to explain a confusing topic. His core insight is that government has undermined market forces, which is leading to rising costs. Obama and the other statists somehow think more government will make things better:…
Real World Evidence for the Laffer Curve from the Government of Washington, DC.
President Obama is proposing a series of major tax increases. His budget envisions higher tax rates on personal income, increased double taxation of dividends and capital gains, and a big increase in the death tax. And his health care plan includes significant tax…
Bush's Minimum Wage Increase Killed Jobs.
In addition to being in favor of more spending, increased regulation, bailouts, and protectionism, President Bush also saddled the economy with a big minimum wage increase. A new study shows that this pernicious policy has destroyed more than 500,000 part-time jobs….
Yes, Simon, People in the United Kingdom Die Because of Government-Run Healthcare.
For those of you who saw this segment of Wednesday’s show on CNBC, my co-host got quite agitated when I said I did not want America to have a substandard government-dictated healthcare system. Simon expressed doubt about my assertions, so it’s rather…
Hypocrite of the Year Award.
The Premier of Newfoundland and Labrador (akin to a state governor in the U.S.) defended his decision to get surgery in America with the statement that it was “my heart, my choice, and my health.” This is an admirably libertarian statement, and the…
Competition Between Nations Can Help Thwart Over-Regulation.
A new study from the University of Michigan Law School’s Empirical Legal Studies Center finds that it is more difficult today for politicians to impose excessive financial regulation because firms can migrate to jurisdictions with more pro-market policy. The…
The Greek Saga.
Here are a few interesting links to keep you informed about the fiscal crisis in Greece. Richard Rahn has a nice comparison in the Washington Times of Poland’s good policy and Greece’s profligacy….
Why I'm Proud to Be an American.
Mark Steyn has a typically witty column that covers everything from the infamous Audi Superbowl commercial to the kid who was stopped by TSA for having Arabic-language flash cards. But he closes his piece with this powerful statement: …the difference between…
The European Superstate Continues to Metastasize.
Insanity is sometimes defined as doing the same thing over and over again while expecting a different result. On this basis the Euro-statists are clinically over the edge. They keep centralizing more power in Brussels and then they complain that European economies…