Here’s a new video, less than 2-1/2 minutes, pointing out some of the key differences between rich nations and poor nations. Not surprisingly, small government, free markets, and sound institutions are critical. I narrated a similar video, released more than two years…
Daily Analysis
The Libertarian Paradise of Argentina???
Okay, the title of this post is a huge overstatement. I’ve already noted here that Argentina is not a good role model and warned here how that Obama is repeating many of the mistakes that undermined Argentinian prosperity. But I’m nonetheless impressed that Argentina…
Tom Sowell’s Latest Column Is a Good Birthday Present for Me
As far as I can tell, everything that Thomas Sowell writes is worth reading, but I especially like how he is so effective at linking his arguments to the underlying principles of a free society. And when he writes a column focused on those underlying principles, I…
Two Examples of Reprehensible and Outrageous TSA Behavior…and Senator Rand Paul Speaks Up for Common Sense
I’ve largely stopped beating up on the TSA because it seems like a dog-bites-man or sun-rises-in-the-east issue. Do we really learn anything by repetitively discussing the stupidity on one bureaucracy? But sometimes the idiocy reaches such an extreme level that it…
We Don’t Need an Investor-in-Chief
How was anything ever invented before government started “investing” in new technologies? One wonders these things, given the seriousness with which Keynesians seem to believe that if they don’t choose the economic winners and then throw large sums of money at them –…
Should American Taxpayers Finance another Big Fat Greek Bailout?
The notion that American taxpayers are about to subsidize another Greek bailout (via the Keystone Cops at the IMF) is way beyond economically foolish. It is also morally offensive. To turn Winston Churchill’s famous quote upside down: “Never have so many paid so much…
The Continuing Wussification of America
Life is filled with risk. We can deal with that two ways. The first option is to allow people to make educated choices, thus promoting individual responsibility. The second option is to have politicians micro-manage our decisions, thus promoting passivity. Not…
The Other Corrupt DC Government
We spend a lot of time pointing out the asinine and corrupt federal policies which come out of Washington, DC. But there’s another government in DC, and it’s also filled with petty tyrants who make bad policy in order to benefit special interests. That the…
The IMF: An Equal-Opportunity Purveyor of Bad Advice
As a general rule, the bureaucrats at the International Monetary Fund are not awful people or fire-breathing leftists. But they are voices for the establishment. And, at the upper levels, IMF staff seem overly solicitous of the views of the big nations, which means…
Time to Shut Down the Department of Agriculture
I have a confession to make: I have a hard time making up my mind. At times, I am overcome by indecision. To be more specific, I can’t figure out which department of the federal government should be shut down first. In the past, I’ve written about the squalid waste…