Which nation has the most costly bureaucracy? Well, if the answer is based solely on how much it costs to employ bureaucrats, you can see from this chart that Denmark comes in first place. As an American taxpayer, I’m glad to learn that there are other nations that squander more money on civil servants. But I get […]
read more...We’re going to touch on two topics today. I realize that not that many readers care about Greek economic policy, but sometimes other nations can teach us very important lessons. For better orworse. And in the case of Greece, the lesson is that government intervention and bureaucracy is an enemy of entrepreneurship. Probably the most amazing – […]
read more...When I started writing about public policy, I never realized that …um…human waste would be a frequent topic. *But we examined (not too closely!) the story of a Postal Service employee who defecated in someone’s yard and got to keep his job. *We wondered why the Greek government wanted stool samples from entrepreneurs starting online companies. *We mocked the […]
read more...Since I’ve already created a Moocher Hall of Fame to acknowledge the strangest and most reprehensible examples of government dependency, it’s occurred to me that there also should be a Bureaucrat Hall of Fame to highlight the government employees that have figured out how to most successfully rip off taxpayers (and here are some good candidates for charter membership). […]
read more...I’ve complained many times about government intervention in the financial sector. The financial and housing crisis, for instance, was largely a consequence of the Federal Reserve’s easy-money policy, combined with the system of corrupt subsidies put in place by Fannie Mae and Freddie Mac. But there’s another government-imposed cost that burdens the financial sector. Writing for the […]
read more...The headline of this post might not be completely honest. Indeed, if you asked me to grade the accuracy of my title, I’ll admit right away that it falls into the “if you like your plan, you can keep your plan” category of mendacity. But I’m only prevaricating to set the stage for some satire […]
read more...There’s an old joke that a quandary exists when your mother-in-law drives off a cliff in your new Porsche. Are you more happy about losing her or more unhappy about losing your sports car? I’m not clever enough to come up with humorous quandaries, but I have shared policy quandaries. I’ve asked, for instance, whether […]
read more...I don’t like government bureaucrats. Actually, let me re-phrase that statement. I know lots of people who work for different agencies in Washington and most of them seem like decent people. So maybe what I really want to say is that I’m not a big fan of government bureaucracies and the results they generate. Why? […]
read more...One of my most widely read – but also most depressing – articles was from about two years ago and it exposed the fact that Washington, DC, is now the nation’s richest region. I explained that Washington is rich because of unearned wealth. Almost all of the loot that winds up in the pockets of highly paid lobbyists, […]
read more...Look, up in the sky! It’s a bird, it’s a plane…no it’s Super Bureaucrat! Actually, look to New Jersey, because you’re going to see a taxpayer ripoff that will get your blood boiling. Depending on your perspective, this may be worse than the toll collector on the New Jersey Turnpike who pocketed more than $300,000 […]
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