Regular readers of this blog know that big corporations often are enemies of free markets and individual liberty. So it is hardly suprising to know that the Business Roundtable, a lobby representing CEOs of major companies, supported the wasteful and ineffective…
Daily Analysis
European Central Bank President Wants to Exacerbate Continent’s Fiscal Crisis
It’s been amusing, in an I-told-you-so fashion, to follow the fiscal crises in Greece, Spain, and other European welfare states. And I feel like a voyeuristic ghoul as I observe the incredibly misguided bailout policies being adopted by the political elites (who are…
Let’s Celebrate Some Inspiring News on Property Rights
This new video from the Institute for Justice celebrates the backlash against the Supreme Court’s reprehensible Kelo decision that allowed politicians to seize private property for the benefit of commercial developers and other campaign contributors. The best part of…
Nazis, Communists, and Moral Bankruptcy
Jeff Jacoby righteously – and rightfully – condemns the moral perversion that allows people to overlook the barbaric cruelty and oppression of communism. If Jose Saramago, the Portuguese writer who died on Friday at 87, had been an unrepentant Nazi for the last four…
The U.K. Version of Meet the New Boss, Same as the Old Boss
As the chart below indicates, the United Kingdom has a large budget deficit solely because government spending has increased to record levels (OECD data). Unfortunately, the new Tory-Liberal coalition government has decided that taxpayers should be punished for all…
Top House Democrat Calls for Middle-Class Tax Hikes
I’ve frequently argued that the main purpose of “taxing the rich” is not to collect more revenue. Smart leftists, after all, understand that there are very strong Laffer Curve effects at the top of the income scale since investors and entrepreneurs have considerable…
Senator DeMint Fights Against Tax Increase on Capital Gains and Dividends
In today’s political climate of big government, big spending and big taxes, it’s important to recognize when someone in Congress stands up and gets it right. Senator Jim DeMint did just that recently when he proposed an amendment, to the current tax…
Taxpayers vs. Bureaucrats, Part XXXII
American taxpayers are not the only ones getting ripped off by lavish pay and perks for bureaucrats. The Daily Mail reports on a new study about public sector pay in the United Kingdom: Public sector employees work nine years less than their private sector…
A Totalitarian Future for Europe?
I don’t often agree with the statist president of the European Commission, but Mr. Barroso may be right when he warns that some nations are at risk of descending back into dictatorship. But while he may be correct in his diagnosis, his proposed solution is more…
British Prepare for Impending Capital Gains Increase
UK Chancellor George Osborne is expected to include a sharp increase in Britain’s capital gains tax when he unveils the emergency budget on Tuesday. Preparing for this, British citizens are acting to take advantage of the lower rates while they still can: A…