I don’t expect a  good outcome to the European fiscal crisis, largely because nobody seems to understand that the real problem is excessive government spending. The economic illiterates in the press sometimes say the fight in Europe is between austerity and Keynesianism, but that’s not accurate. It’s really a battle between those who think big […]

Exactly 10 days ago, I predicted that the press would attack Mitt Romney for using tax havens. In that post, I wrote that, “…based on the questions, it appears that the establishment media wants to hit Romney for utilizing tax havens… As far as I can tell, none of these reporters have come out with […]

Europe is in the midst of a fiscal crisis caused by too much government spending, yet many of the continent’s politicians want the European Central Bank to purchase the dodgy debt of reckless welfare states such as Spain, Italy, Greece, and Portugal in order to prop up these big government policies. So it’s especially noteworthy […]

Last month, I shared a video about bloated bureaucracy from a group called Government Gone Wild. That generated a big response, so here’s another video from the same group, only this one looks at egregious examples of government waste. If you like videos on wasteful spending, but prefer a more attractive narrator, click here. And […]

One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic linear relationship between tax rates and […]

Susan Feiner, in a recent blog post for Ms Magazine, argues that continuing deficits favor the feminist movement. The post is entitled “A Feminist Economist Speaks Out: Deficits are a Grrrl’s Best Friend”. Normally I wouldn’t give any time to addressing the arguments of someone who not only refers to her opposition as “hawks” but […]

The United States has been on a decade-long spending binge. Thanks to the profligate policies of both Bush and Obama, the burden of federal spending has climbed to about 25 percent of economic output, up from 18.2 percent of GDP when Bill Clinton left office. The political class tells us that more government is good […]

A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) explains that transforming Medicaid into a system of block grants will protect taxpayers and promote better healthcare policy.

Richard Rahn writes in the Washington Times today on a pair of regulations which he describes as “national economic suicide.” At issue is the IRS’s proposed regulation that would require U.S. banks to report information on foreign account holders, even though they are not taxed in the U.S., as well as the Foreign Account Tax […]