Republicans should use the Clinton budget against Democrats.

The EU should stop throwing good money after bad.

I had a very bad lunch today. But not because of what I ate. My lunch was unpleasant because I moderated anoontime panel on Capitol Hill featuring Senator Ron Johnson of Wisconsin and my Cato colleague Chris Edwards. And I should hasten to add that they were splendid company. The unpleasant part of the lunch was […]

Libertarians tend to like – or at least have a grudging respect for – the underground economy. For instance, even if we’re personally very straight-laced, we don’t like government prohibitions against gambling, drugs, and prostitution. This is why we’re not upset when these things happen in spite of the laws enacted by the political class. But […]

What happens when you mix something good with something bad? To be more specific, what happens when you have a big success story, like the spending cap in Switzerland that has dramatically slowed the growth of government, and then expect intelligent and coherent coverage by a government-run media outfit that presumably wants a bigger public sector? Well, the answer […]

My tireless (and probably annoying) campaign to promote my Golden Rule of spending restraint is bearing fruit. The good folks at the editorial page of the Wall Street Journal allowed me to explain the fiscal and economic benefits that accrue when nations limit the growth of government. Here are some excerpts from my column, starting with a proper definition of the problem. […]

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. Where’s the point where investors stop buying the debt? Where’s the point when interest on […]

Back in 2010, I shared a video that predicted a catastrophic end to the welfare state. I said it was an example of “Libertarian Porn” because: …it is designed for the dark enjoyment of people who think the government is destroying the nation. If you don’t like bloated government and statist intervention and you think that the […]

When I give speeches around the country, I often get asked whether it’s time to give up. More specifically, has America reached a tipping point, with too many people riding in the wagon of government dependency and too few people creating wealth and pulling the wagon in the right direction? These questions don’t surprise me, […]

Self awareness is supposed to be a good thing, so I’m going to openly acknowledge that I have an unusual fixation on the size of government. I don’t lose a wink of sleep thinking about deficits, but I toss and turn all night fretting about the overall burden of government spending. My peculiar focus on the […]