I prefer the Fraser Institute’s Economic Freedom of the World over the Heritage/WSJ Index of Economic Freedom, not because I’m an expert on the methodology of the two publications, but for the simple reason that I assume Economic Freedom of the World must be slightly more accurate because, unlike the Heritage Index, it showed the […]
read more...There is a very bizarre race happening in Illinois. The Governor and the leaders of the State Senate and General Assembly are trying to figure out how to ram through a massive tax increase, but they’re trying to make it happen before new state lawmakers take office tomorrow. The Democrats will still control the state […]
read more...Thanks to decades of reckless spending by European welfare states, the newspapers are filled with headlines about debt, default, contagion, and bankruptcy. We know that Greece and Ireland already have received direct bailouts, and other European welfare states are getting indirect bailouts from the European Central Bank, which is vying with the Federal Reserve in […]
read more...There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely caused by demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager benefits. This video explains how personal accounts can solve both problems, and also […]
read more...A crazy nut in Arizona goes on a shooting spree, wounding a Congresswoman and killing several people – including a nine-year old child. Normal people immediately have two thoughts – grief for the victims and a visceral desire to catch and punish the thug. A lot of people in Washington, however, are not normal. And […]
read more...I try to visit the Drudge Report once a day because he has a knack for finding quirky stories. One of his recent gems is a report from the UK-based Sun about an obese man who is suing the government’s healthcare system because he got close to 1200 pounds (assuming I’m right about a “stone” […]
read more...Why hasn’t Europe fought World War III? Could it be because the Soviet Union eventually collapsed? Could it be that the NATO, the western military alliance, was effective? Could it be the mutually assured destruction kept the peace? Could it be that America’s commitment to defend Europe was a deterrent? But all those reasons focus […]
read more...Grousing about the GOP’s timidity in the battle against big government will probably become an ongoing theme over the next few months, and let’s start with two items that don’t bode well for fiscal discipline. First, it appears that Republicans didn’t really mean it when they promised to cut $100 billion of so-called discretionary spending […]
read more...I suppose there’s a slight possibility, perhaps asymptotically approaching 100 percent, that this is a parody rather than a real press release, so enjoy with appropriate skepticism.
read more...Republicans have been spouting lots of good rhetoric, but what really matters is shrinking the burden of government. One very attractive option is federalism. There are things that perhaps should be done by government, but there is absolutely no reason why they require a remote, expensive, one-size-fits-all, redistributionist, unconstitutional bureaucracy in Washington. Writing for Real […]
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