Why Made in China 2025 won’t succeed.
Daily Analysis
Individualism and Society
Interpersonal trust and individualism go hand in hand.
Historical Evidence on Reducing Large Debt Burdens
How three advanced nations successfully dealt with large debt burdens.
The FDA’s Wrongheaded Approach to Opioids
The FDA pays only lip services to the real problem.
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.