A simple reform to help both low-income Americans and taxpayers.

Bastiat accurately observed the government scam.

The International Monetary Fund isn’t my least-favorite international bureaucracy. That special honor belongs to the Organization for Economic Cooperation and Development, largely because of its efforts to undermine tax competition and protect the interests of the political class (it also tried to have me arrested, but I don’t hold that against them). But the IMF […]

Years ago, I shared a very funny poster that suggests that more government is hardly ever the right answer to any question. Yet in Washington, the standard response to any screwup by government is to make government even bigger. Sort of Mitchell’s Law on steroids. And that’s exactly what’s happening with the Ebola crisis. The bureaucracies that have received […]

Michael Strain of the American Enterprise Institute looks at the topic of infrastructure spending and I’m left with mixed feelings. Some of what he writes is very good. Yes, the claims of an “infrastructure crisis” by President Obama, many liberals…are exaggerated. …yes, existing laws and regulations turn infrastructure projects into boondoggles that take an order of magnitude longer to complete […]

Since I primarily work on fiscal policy, I normally look at the budgetary impact of entitlement programs. And the numbers are very grim. But I’m also an economist, so I periodically comment on how government intervention undermines the efficient functioning of markets in the healthcare field. Last but not least, I’m also a taxpayer, so I can’t resist occasionally […]

When government suppresses the free market and takes over the healthcare sector, you get some really odd results. Consider these stories from Sweden:  A man sewing up his own leg after getting frustrated with a long wait. The government denying a wheelchair to a double amputee because the bureaucrats decided his impairment might not be permanent. Speaking of amputations, […]