Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part of this ongoing effort to undermine tax competition and make it easier…
Daily Analysis
Thank the Private Sector for the Internet, not Government
As part of his campaign to expand the size and scope of the federal government (and to justify his advocacy of class-warfare taxation), President Obama has been asserting that all of us benefit from government spending. It’s why he now echoes Elizabeth Warren’s claim…
Ambassador John Bolton Explains Need to Block Back-Door Gun Control Scheme from the United Nations
I’m not a big fan of the United Nations and I’m not a supporter of gun control, so you can imagine how agitated I get when two bad things are combined together. And that’s exactly what’s happening with a new anti-gun treaty being concocted by the United Nations. John…
What Obama and the New York Times Don’t Understand about Worldwide Taxation
Mitt Romney is being criticized for supporting “territorial taxation,” which is the common-sense notion that each nation gets to control the taxation of economic activity inside its borders. While promoting his own class-warfare agenda, President Obama recently…
Europe’s Crisis Is Because of Too Much Government, Not the Euro Currency
The mess in Europe has been rather frustrating, largely because almost everybody is on the wrong side. Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s…
Thanks to Pro-Free Market Reforms, Chile Is the Latin Tiger
One of the reasons why this blog is called International Liberty is that the world is a laboratory, with some nations (such as France) showing why statism is a mistake, other jurisdictions (such as Hong Kong) showing that freedom is a key to prosperity, and other…
The Turbo-Charged Italian Version of the Laffer Curve
Thanks largely to the Laffer Curve, there are some impressive examples of failed tax increases in countries such as the United States, France, and the United Kingdom. But if there was a prize for the people who most vociferously resist turning over more of their…
A Cartoon Showing the Logic (or lack thereof) of Keynesian Economics
I’ve run across very few good cartoons about Keynesian economics. If my aging memory is correct, I’ve only posted two of them. But at least they’re both very good. We have one involving Obama, sharks, and a lifeboat, and another one involving an overburdened jockey….
No More Subsidies to the OECD from American Taxpayers
I realize it’s a bold assertion, but the $100 million that American taxpayers send to Paris every year to subsidize the Organization for Economic Cooperation and Development is – on a per-dollar basis – the most destructively wasteful part in the federal budget. This…
Why Western Europe Became Rich in the Past…and How It Can Regain Prosperity Today
I’m in Vilnius, Lithuania, where I just finished speaking to a regional conference of the European Students for Liberty. I subjected the kids to more than 90 minutes of pontificating and 73 PowerPoint slides, but I could have saved them a lot of time if I simply…