The FDA pays only lip services to the real problem.
Daily Analysis
Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?
Our system of housing finance is mucked up by government intervention
My Sporadically Successful Career as a Global Money Launderer
Two personal stories illustrate how AML laws work (or don’t) in practice.
Great Moments in German Tax Enforcement
Germany’s über-zealous approach to enforcement
The Folly of Rent Control
This is spectacularly bad policy.
Financing Big Government with the Printing Press
Letting the inflation genie out of the bottle is not a good idea.
Trump Treasury Secretary Supports French Tax Harmonization Scheme
This is horribly misguided.
Hard Brexit Is a Much Better Option than Brexit in Name Only
This is the best option left.
The Cayman Islands: A Role Model for Harmony and Prosperity
Amazing what the absence of an income tax can do.
Six Key Things to Understand for Sensible Fiscal Policy
Here is what everyone should understand about the spending side of the fiscal ledger.