Last year, I reported on a study from the Small Business Administration that estimated that federal regulation costs the economy a staggering $1.75 trillion every year. But that number is so large that it’s hard to understand what it actually means, so let’s look at some new research to better understand the impact of red […]

Here’s an absolutely horrifying video of President Franklin Roosevelt promoting a “Second Bill of Rights” based on coercive redistribution. At first, I was going to post it and contrast it with this superb Reagan video and compare how one President’s policies kept America mired in a depression while the other implemented policies that triggered an […]

Professor Allan Meltzer of Carnegie Mellon University has a must-read column in today’s Wall Street Journal, beginning with what should be an obvious statement. Those who heaped high praise on Keynesian policies have grown silent as government spending has failed to bring an economic recovery. Except for a few diehards who want still more government […]

A couple of months ago, after reading an excellent column in the semi-official newspaper of the Vatican, I joked that we should send Obama to Rome for an economics lesson. I now completely retract that statement. There may be some economically astute people who write for L’Osservatore Romano, but they are offset by the economic […]

Over and over again, I tell people to ignore whether politicians have a D or an R after their names. That’s because Democrats sometimes do the right thing and Republicans often do the wrong thing. My latest example of Republicans doing the wrong thing come from Florida, where GOP politicians decided that free markets should […]

I’m going to be in New York City next week to join with Richard Epstein as we participate in an Intelligence Squared debate against Mark Zandi and Cecilia Rouse. I’m looking forward to this event because Richard Epstein is a rock star for freedom. It also gave me an opportunity to pontificate on growth issues […]