It may not be very nice to say “I told you so” when the warnings you issue become reality, but I’m not a nice person (at least when it comes to greedy politicians imposing stupid policy). So I’ll openly admit that I’m happy to read that entrepreneurs and job creators…
Daily Analysis
The Extraordinary Life and Insight of Walter Williams
I don’t think I’ve ever promoted a book since starting this blog, but the new autobiography from Walter Williams is too good not to recommend. But don’t believe me. Walter was just interviewed by the Wall Street Journal, and you can get a flavor for his blunt style…
Even Studies from the European Central Bank Show Spending Restraint Is Key to Controlling Red Ink
I’m not a big fan of central banks, and I definitely don’t like multilateral bureaucracies, so I almost feel guilty about publicizing two recent studies published by the European Central Bank. But when such an institution puts out research that unambiguously makes the…
When is Enough, Enough?
For the more than a decade the Internal Revenue Service has been chasing after potential U.S. tax evaders by forcing foreign jurisdictions and banks to become deputy tax collectors. From the Know-Your-Customer regulations to the Qualified Intermediary regime, non-U.S….
Obama’s Column against Over-Regulation: Insincere, Inaccurate, and Hypocritical
The President garnered some attention for his January 18 column in the Wall Street Journal, in which he said we need to control the regulatory burden. Let’s start with the insincere part. He praised capitalism. America’s free market has not only been the source of…
Firearms and Civilization
I don’t know if this is a real letter-to-the-editor or if Major Caudill really exists, but this is a very strong statement in favor of the civilizing impact of firearms. And since I like to share good things that arrive in my inbox, it’s now yours to share. I recall…
I Loathe Sleazy, Corrupt, Disgusting Republicans Who Get Rich by Selling Out
A former Cato colleague, Will Wilkinson, made one of the most astute and powerful observations I have ever read when he wrote that, “…the more power the government has to pick winners and losers, the more power rich people will have relative to poor people.”I thought…
The IRS Run Amok
I’m not a big fan of the Internal Revenue Service, but I try not to demonize the bureaucrats because politicians actually deserve most of the blame for America’s complex, unfair, and corrupt tax system. The IRS generally is in the unenviable position of simply trying…
Canada’s Immigration Crisis: Too Many American Leftists?
This arrived in my inbox today. A quick search on the Internet reveals it is not a real article from a Canadian paper. But it is somewhat amusing, so enjoy. “Build a Damn Fence!” From The Manitoba Herald , Canada ; by Clive Runnels, December 1st 2010 The flood of…
Article on Bail Bondsmen Suggests New Nickname for the Private Sector: “Is There Anything It Can’t Do”?
Alex Tabarrok has a fascinating article in the Wilson Quarterly about the history of bail bondsmen and their role in this privatized segment of the criminal justice system. Let’s start by excerpting some history of the system. Bail began in medieval England as a…