Why Schumpeter was pessimistic about the survival of capitalism.
Daily Analysis
Beware Bad Budget Deals, Part III
There is no need to make our bad tax system even worse with tax increases.
Democrats, Republicans, and Job Creation
The recipe for growth and prosperity applies regardless of which political party holds power.
The 2024 Version of America’s Dismal Fiscal Future
CBO’s spending forecast over some very bad news.
Washington’s Fiscal Ponzi Scheme
The book isn’t all bad news.
In One Image, Everything You Need to Know about California’s Fiscal Troubles
California is in trouble because of too much spending.
America’s Destructive Welfare State
The excessive welfare state has greatly undermined incentives to be productive.
The 2024 Version of Do-It-Yourself Budgeting
Unfortunately, it still focuses on the symptom of red ink rather than the real problem of excessive spending.
Bastiat and Credit Card Regulations
Limiting late fees on credit cards will lead to negative effects in other areas.
Another “Least Surprising Headline” for High Speed Rail
Lo and behold, skeptics were right.