Singapore civil servants get monetary rewards that rise and fall with economic performance.
Daily Analysis
What Can Hong Kong and Cuba Teach Us about Economic Policy?
Hong Kong and Cuba were once economically very similar; now they are world’s apart. The explanation why is simple.
State and Local Governments Have No Fiscal Excuse for Rapacious Revenue-Raising Tactics
Are state and local government feeling a financial pinch, or is this just another statist myth?
Why Do some Advocates of Small Government Want to Keep a Democrat Appointee at CBO?
CBO uses shoddy analysis to prop up big government. Why are some conservatives arguing for the status quo?
The Odious Corruption Enabled by Big Government
Two cases demonstrate the bipartisan dangers of cronyism.
Everything You Ever Wanted to Know about Obama’s Failed Approach to Corporate Inversions
Ill-conceived rules from the White House have made things worse, not better.
If You Want Better Business Tax Policy, Handcuff Politicians with Pro-Growth Forms of Tax Competition
Tax competition is good when it involves lower rates for all taxpayers. Corporate handouts and narrow preferences in the name of tax competition, however, are misguided.
How Big Government Sabotages Poor People and Enriches Well-Connected Fat Cats
Advocates for the Export-Import Bank are resorting to lies to justify the corrupt institution.
The Limits to a “Shut Down only a Tiny Part of Government Shutdown” Strategy
Republicans think they’ve threaded the needle on shutdowns. Is their new approach viable?
Social Capital, Culture, Markets, and Institutions
Scholars have wrangled with the questions of social capital for centuries. Can we make sense of it?