Based on what’s happened in Greece and other European nations, we know from real-world evidence that even nations from the developed world can spendthemselves into debt trouble. This has led to research that seeks to pinpoint when debt reaches a dangerous level….
Daily Analysis
Washington’s Real Motto
The official motto of the United States is “In God We Trust.” The official motto of Washington, DC, is “Justitia Omnibus,” which means “Justice for All.” These are nice statements, but they apply too broadly. We also should have a motto specifically for politicians….
Mirror, Mirror, on the Wall, Which Nations Maintain the Rule of Law Best of All?
If you look at measures (such as the Fraser Institute’s Economic Freedom of the World index) of what makes a nation competitive and prosperous, you’ll find some obvious variables such as fiscal policy, trade openness, regulatory burden, and monetary policy. But in…
Ukraine, Ethnic Division, Decentralization, and Secession
Ukraine is in the news and that’s not a good thing. I’m not a foreign policy expert, to be sure, but it can’t be a positive sign when nations with nuclear weapons start squabbling with each other. And that’s what’s happening now that Russia is supposedly occupying…
Merry Christmas Messages
Normal people aren’t thinking about public policy at this time of year, but I’m a libertarian who has decided to fight against big government in Washington, so I’m definitely not normal and I could be a masochist. And since you’re reading this instead of daydreaming…
Some Jobs Are Bad Jobs, Even in the Private Sector
It’s no secret that I think we have too many government bureaucrats and I’ve shared very strong evidence that most of them are grossly overpaid. I also have shown some data suggesting that they don’t work very hard, though I confess to mixed feelings about that…
Big Government Is the Disease that Enables Corruption, Campaign Contriibutions Are Merely a Possible Symptom
When I write about the importance of understanding the difference between a disease and its symptoms, I’m almost always seeking to help people understand why it’s important to focus on the problem of government spending rather than the side-effect of government…
Should American Taxpayers Pay a $1 Billion Bribe to Get Syria to Drop Chemical Weapons?
Maybe it’s because I have a bit of a old-fashioned moralistic streak to me, but I viscerally object to the notion that good people should pay bad people not to do bad things. That’s why, a few years ago, I didn’t react favorably when the former dictator of Libya asked…
A “Moderate” Dan Mitchell with “Few Strong Opinions” for a Kinder, Gentler Era of “Tenderness”
Early this year, I took a libertarian purity test put together by Professor Bryan Caplan at George Mason University. The good news is that I got a 94. Sounds like a solid A, right? Well, the bad news is that the test wasn’t on a 0-100 scale. The maximum grade was 160,…
Why Did the Libertarian Chicken Cross the Road?
The good thing about being a libertarian is that you are motivated by freedom, which is a very noble principle, and you have lots of evidence on your side, whether the issue is economics or personal liberty. You can’t afford to be smug, of course, since it’s still a…