The fact that Social Security is a Ponzi scheme isn’t necessarily fatal.
Daily Analysis
Fiscal Policy 101 for Politicians and other Dummies
Bigger government diverts resources from the productive sector of the economy.
Promoting Upward Mobility Is a Better Goal than Pushing Class Warfare in Hopes of Reducing Inequality
Going slowly in the wrong direction is still going in the wrong direction.
Coronavirus: Free Market to the Rescue, Part II
This proposal is nuts.
Baptists, Bootleggers, and (Pretend-) Meat
When Big Business get in bed with politicians.
A Gold Standard vs. the Federal Reserve’s Fiat Money
Is it time to reassess the gold standard?
The History of the Income Tax in Just Seven Minutes
It’s never a good idea to give politicians a new source of revenue.
U.S. vs. China: You Don’t Beat Cronyism with Cronyism
China is backsliding toward more state control.
The (Anti-) Convergence Club
Good policy is critical if less-developed nations want convergence.
Proposed Reporting Requirements Threaten US Crypto Space
Congress has again dipped its hand into a grab-bag of half-baked policies in search of “pay-fors” to finance a massive spending bill. Among the ideas they blindly pulled out and now want to slap onto “must pass” legislation is the imposition of…