It was wonderful to wake up this morning in Austria and learn that Osama bin Laden is dead. I’m proud of America’s special forces for their courage and ability. And I tip my hat to the Obama Administration for nailing OBL rather than capturing him (at least I hope…
Daily Analysis
Regulatory Burdens Cost Economy Almost $2 Trillion
There are thousands of examples of the burdens placed on the economy and ordinary citizens, who see costs soar in response to excessive government regulations. A recent report from the Competitive Enterprise Institute called Ten Thousand Commandments: An Annual…
The Federal Milk Police Are Protecting Us, Praise the Lord!
I don’t know whether to be amused, disgusted, or angry, but any politician who says we need higher taxes is crazy so long as the federal government is squandering even one penny on sting operations designed to interfere with the freedom of consenting adults to busy…
If We Redistribute Income, Why Not Do the Same for Grades?
I posted a joke about this last year, but this video makes the point much more effectively. When you tax and redistribute income or grades, you penalize those who achieve and work hard. Kudos to the college kids who put this together. The volume sometimes is…
Richard Epstein vs. George Soros, at the Cato Institute
George Soros participated in a forum on Hayek at the Cato Institute this past week, and the really fascinating part is watching him cross swords with University of Chicago Law Professor Richard Epstein. The video is more than one-hour long, so if you just want to see…
Obama’s Medicare Appointee Has Accidental Encounter with Reality, Learns Nothing
I just read something that unleashed my inner teenager, because I want to respond with a combination of OMG, LMAO, and WTF. Donald Berwick, the person appointed by Obama to be in charge of Medicare, has a column in the Wall Street Journal that makes a very good…
No Contest When Comparing Reaganomics and Obamanomics
Both President Reagan and President Obama had to deal with serious economic dislocation upon taking office. But they used radically different approaches to deal with the problems they inherited. Reagan sought to reduce the burden of government, whereas Obama viewed…
Why Do Rich Left-Wingers Support Class-Warfare Taxes?
Why do some people instinctively despise wealth and want to tear down those who are successful? This question has been percolating in my mind because I am in Monaco to speak to the IXth international conference of the Convention of Independent Financial Advisors. This…
The Long-Awaited Second Installment of the Hayek v Keynes Rap Video
The first entry in this series was an Internet sensation. Now you can enjoy Part II.
There’s a Right to Government-Subsidized Pornography?
Like all sensible libertarian-minded people, I don’t think the government should be regulating pornography. There are obvious exceptions for things like child porn, of course, and I’d even throw animal cruelty into the mix of things that can be banned. But leave…