It isn’t fair to compare and contrast the views of a distinguished economist with the envious ramblings of a career politician/community activist. But it’s also not right for the government to use coercion to impose bad policy, so I don’t feel guilty about sharing…
Daily Analysis
Europe’s Dismal Outlook
The economic and fiscal crisis in Europe looks worse every day as a growing number of international investors decide that nations such as Greece, Portugal, Italy, and Spain can’t be trusted. As a result, interest rates on government debt are hitting record levels. Not…
Australia’s Shameful Stifling of Free Speech and Political Dissent
I haven’t written much on the global-warming debate, other than to warn about how agenda-driven government funding is corrupting scientific inquiry and to mock nutjob extremists who assert climate change will cause catastrophes ranging from genocide to AIDS. But I…
I’m Thankful…that I’m Not an Idiot Education Bureaucrat from Florida
I’m thankful for the usual things, such as my kids and being an American. But I’m also thankful I’m not a blithering idiot like the bureaucrats at a Florida school. Here are a few details of this astounding example of utter stupidity. A sheriff’s deputy was dispatched…
Sequestration Does Not Endanger America’s National Security
The left wanted to get one thing from the Supercommittee, and that was to seduce gullible Republicans into a 1990-style tax increase deal in order to enable bigger government. But I was pleasantly surprised when GOPers failed to surrender, which means that taxpayers…
The Federal Budget Process and Bureaucratic Incentives, Nicely Captured by a Cartoon
I’ve done a video on excessive compensation for bureaucrats and I’ve written many times about wasteful spending, but here’s a cartoon that manages to effectively combine both concepts. If your eyes are getting old like mine, you may need to click on the image to read…
American Politicians Should Copy Canada’s Leftist Government of the 1990s and Cap Spending
Since I’ve written before about Canada’s remarkable period of fiscal restraint during the 1990s, I am very pleased to see that the establishment press is finally giving some attention to what our northern neighbors did to reduce the burden of government spending. Here…
Will Europe’s Feckless Politicians Destroy the Euro?
As demonstrated by the new video from the Center for Freedom and Prosperity, there are five key lessons to learn from the fiscal crisis in Europe. Unfortunately, Europe’s despicable political class has not learned from their mistakes. They are not taking the simple…
This Cartoon Does Show How Politicians Think
This is probably my favorite political cartoon, and this one is the most-viewed post in the history of this blog, but here’s one probably should be near the top because it so perfectly captures the mindset of the political class. Though if you want to teach economics,…
Supercommittee Fight May Tell Us Whether the GOP Is Beyond Salvage
Some people have asked why I’m so agitated about the possibility that Republicans may acquiesce to tax increases as part of the Supercommittee negotiations. Rather than get into a lengthy discourse about the proper role of the federal government or an analysis of how…

