I’m finally back in Washington after a week in Australia for the Mont Pelerin Society general meeting. Aussies are great people, but their government is just as misguided as the one we’re burdened with here in America. A friend took this pic of me on a visit to Manly…
Daily Analysis
What’s the Real Difference Between Conservatives and Libertarians?
Conservatives and libertarians supposedly agree with each other on economic issues, but disagree to some extent on social issues and foreign policy. This is generally accurate. Principled conservatives (as opposed to the Bush/Rove variety) believe in limited…
We Should Copy the Clever British Campaign against Higher Capital Gains Tax Rates
Here are a handful of the posters being used in the United Kingdom to fight the perversely-destructive proposal to increase tax rates on capital gains. (for an explanation of why the tax should be abolished, see here) Which one is your favorite? I’m partial to the…
More TSA Stupidity?
Regular readers know I’m not a big fan of the Transportation Security Administration, though I confess I don’t know whether the inane policies are the result of dumb laws, foolish political appointees, or home-grown bureaucratic stupidity. Regardless, I mock the TSA…
Mitch Daniels Would Be a Terrible President
I’m mystified that some conservatives and libertarians are sympathetic to the idea that Mitch Daniels, the governor of Indiana, might be a good candidate in 2012. The main challenge for our nation is the growing burden of government, so it seems that this would…
Can You Name the Greatest President of the Past 100 Years?
It’s tempting to say Ronald Reagan is the best President of the past century, and I’ve certainly demonstrated my man-crush on the Gipper, but earlier today at the Mont Pelerin Society (it’s currently Friday night in Australia) I had the privilege of listening to Amity…
Washington Post Columnist Urges GOP to Move Left
For the umpteenth time, a Washington Post columnist has a turgid piece urging the Republican Party to embrace big government. Normally this type of column is written by a graybeard establishmentarian like David Broder or E.J. Dionne, but Ruth Marcus has decided to…
More Real-World Evidence of Regime Uncertainty
I recently posted data showing how companies are sitting on lots of cash, presumably in part because the business climate is not conducive to investment and job creation. I also showed a cartoon that makes the same point in an amusing – yet insightful – manner. Now…
Real-World Evidence for Regime Uncertainty?
There certainly are logical reasons to think that Obama’s policies are dampening economic growth. Investors and entrepreneurs have little reason to produce and take risks, after all, when they know the burden of government is going to climb. Especially when you add…
Political Humor
Here’s a great one-liner from Craig Ferguson, one of the late-night TV talk show hosts. Bedbugs were also found in government buildings in Washington D.C. I can’t believe they have to deal with those blood-sucking pests. Poor bedbugs. I’m not sure if he’s referring to…