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Tag Archives : Economics

Debating against Obama’s So-Called Stimulus, Advocating Pro-Growth Policy

Debating against Obama’s So-Called Stimulus, Advocating Pro-Growth Policy

Posted on October 22, 2011

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 […]

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What’s the Difference Between an American Politician, a Greek Politician, and an Anguillan Politician?

What’s the Difference Between an American Politician, a Greek Politician, and an Anguillan Politician?

Posted on October 18, 2011

Sounds like the beginning of a joke, sort of like, “A priest, a rabbi, and a minister walk into a bar…” But I have a serious point to make. I’m currently in Anguilla (yes, this is just one of the sacrifices I make in the fight for liberty), where I just gave a speech to […]

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The Simple Solution to the European Fiscal Crisis

The Simple Solution to the European Fiscal Crisis

Posted on October 17, 2011

The welfare states of Europe are in deep trouble. Decades of over-taxing and over-spending have sapped economic vitality and produced high levels of debt. The high debt levels, by themselves, might not be a problem if European governments implemented good policy. After all, debt was even higher in many nations after World War II than […]

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Cain’s 9-9-9 Tax Plan: The Good, the Bad, and the Ugly

Cain’s 9-9-9 Tax Plan: The Good, the Bad, and the Ugly

Posted on October 16, 2011

Actually, the title of this post should probably read, “The Good, Good, Good, Bad, and the Ugly.” That’s because Herman Cain’s 9-9-9 tax plan has low tax rates, it eliminates double taxation, and it wipes out loopholes, and those are three very big and very good things. The bad part, as I explain here, is […]

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A Simple Fix to Turn Herman Cain’s Good Tax Plan into a Great Tax Plan

A Simple Fix to Turn Herman Cain’s Good Tax Plan into a Great Tax Plan

Posted on October 14, 2011

I’m very enthusiastic – but also a little worried – about Herman Cain’s tax plan. So when I got the opportunity to write a short column for the New York Times, I explained that his proposal was very good tax policy, in large part because it is based on the same principles as the flat […]

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New Video Has Important Message: Freedom and Prosperity vs. Big Government and Stagnation

New Video Has Important Message: Freedom and Prosperity vs. Big Government and Stagnation

Posted on October 13, 2011

The folks from the Koch Institute put together a great video a couple of months ago looking at why some nations are rich and others are poor. That video looked at the relationship between economic freedom and various indices that measure quality of life. Not surprisingly, free markets and small government lead to better results. […]

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More Problems with Cain’s 9-9-9 Plan

More Problems with Cain’s 9-9-9 Plan

Posted on October 12, 2011

I like the overall approach of Herman Cain’s 9-9-9 tax plan. As I recently wrote, it focuses on lower tax rates, elimination of double taxation, and repeal of corrupt and inefficient loopholes. But I included a very important caveat. The intermediate stage of his three-step plan would enable politicians to impose both an income tax […]

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Will Republicans Choose Sequester Savings or a Supercommittee Surrender?

Will Republicans Choose Sequester Savings or a Supercommittee Surrender?

Posted on October 10, 2011

The budget fights this year began with the “shutdown” battle, followed by the Ryan budget and then the debt limit. These fights have mostly led to uninspiring kiss-your-sister outcomes, which is hardly surprising given divided government. Now the crowd in DC is squabbling over Obama’s latest stimulus/tax-the-rich scheme, though that’s really more of a test […]

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Vote for the French Gal in the Stimulus Debate

Vote for the French Gal in the Stimulus Debate

Posted on October 9, 2011

The folks at U.S. News & World Report have posted an online debate on the never-ending topic: “Does Stimulus Spending Work?“ You know my thoughts on the topic, including my thumbs-down to Obama’s latest stimulus scheme, so it won’t surprise you to know that I think Veronique de Rugy of the Mercatus Center beat her […]

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Happy Fiscal New Year (with an Unhappy Obama Hangover)

Happy Fiscal New Year (with an Unhappy Obama Hangover)

Posted on October 1, 2011

Today, October 1, is the first day of the 2012 fiscal year. And if you’re wondering why America’s economy seems to have a hangover (this cartoon is a perfect illustration), it’s because politicians had a huge party with our money in FY2011. We don’t have final numbers for the fiscal year that just ended, but […]

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