As an advocate of small government, I’m often distressed that I sometimes have to rely on Republicans in Washington to fight statism. Why am I distressed? Because some of the worst people in Washington are GOPers. They may give lip service to fiscal responsibility…
Daily Analysis
Is It Time to Feel Sorry for the President and other Obamacare Supporters?
I’ve certainly offered more than my fair share of Obamacare criticism. Since I’m a public finance economist, I’m mostly concerned that the law increases the fiscal burden of government. But I’m also irked that Obamacare will worsen the third-party payer crisis, which…
Is the Left’s New Attack on Self Insurance an Example of Obamacare Sleaze and Corruption or an Example of Why Government-Run Healthcare Doesn’t Work?
I’ve written about how Obamacare is a costly boondoggle. I’ve written how it victimizes children, low-income workers, and retirees. And I’ve explained how it exacerbates the real problem in our healthcare system. I’ve even pointed out that there’s something good in…
Least Surprising News Flash Ever: Study Finds Bureaucrats Are Lazy
I’ve shared some remarkable data showing that bureaucrats get paid more than people in the private sector. I’ve also dug into the Department of Labor’s JOLTS data to debunk those who argue bureaucrats aren’t overpaid. I’ve even showed that they work fewer hours…
Will Regulators Kill Bitcoin?
Bitcoin, a digital cryptocurrency, is a potentially disruptive technology offering both social and economic gains. While the technology that has revolutionized peer-to-peer payments is growing in popularity, it is nevertheless vulnerable to being stamped out by…
Two Huge Victories in Colorado for the Second Amendment
Back in 2012, I reported on some academic research showing that Democrats lost about 25 seats in the 2010 mid-term elections because of support for Obamacare. But it’s not just big-government entitlement programs that are politically unpopular. Bill Clinton admitted…
The Inbred Corruption of Washington
At the risk of oversimplifying, there are two major challenges to overcome when you’re a pro-freedom policy wonk in Washington. The first challenge is getting people to connect the dots. They may understand that the job market is weak and they may understand that…
The Mexican Version of Obamanomics Won’t Work any Better than the American Version
Based on the dismal data from the Minneapolis Federal Reserve (as well as our own experiences), we know Obamanomics doesn’t work in the United States. But we also know bigger government doesn’t work in France. And we know it doesn’t work in Japan. We know it doesn’t…
Personal Retirement Accounts Are Great…but only if You Can Stop Future Politicians from Confiscating the Accumulated Wealth
Most Western nations have huge long-run fiscal problems because of unfavorable demographics and misguided entitlement programs. That’s the bad news. The good news is that dozens of nations have fully or partially shifted to mandatory private savings as a pro-growth…
Even John McCain Is Having Second Thoughts about the Wisdom of Drug Prohibition
What do John Stossel, Mona Charen, Gary Johnson, Pat Robertson, Cory Booker, and Richard Branson all have in common? And let’s add voters from the states of Colorado and Washington to this list. So what unites this unusual collection of people? They’ve all expressed…