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Tag Archives : fiscal policy

Another Push for Global Taxation from the United Nations

Another Push for Global Taxation from the United Nations

Posted on September 29, 2012

I spoke at the United Nations back in May, explaining that more government was the wrong way to help the global economy. But I guess I’m not very persuasive. The bureaucrats have just released a new report entitled, “In Search of New Development Finance.” As you can probably guess, what they’re really searching for is […]

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Just as “Fair Trade” Means Protectionism for the Benefit of Special Interests, “Fair Tax Competition” Means Tax Harmonization for the Benefit of Politicians

Just as “Fair Trade” Means Protectionism for the Benefit of Special Interests, “Fair Tax Competition” Means Tax Harmonization for the Benefit of Politicians

Posted on September 21, 2012

Very few people are willing to admit that they favor protectionism. After all, who wants to embrace a policy associated with the Great Depression? But people sometimes say “I want free trade so long as it’s fair trade.” In most cases, they’re simply protectionists who are too clever to admit their true agenda There’s a […]

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Debunking Myth after Myth in Financial Times Column by Former Clinton White House Economist

Debunking Myth after Myth in Financial Times Column by Former Clinton White House Economist

Posted on September 20, 2012

Even though I have remarked on many occasions that the burden of government was reduced during the Clinton years, that doesn’t mean Bill Clinton was in favor of smaller government. And it definitely doesn’t mean that his appointees believed in economic liberty. Consider the case of Laura Tyson, who served as Chair of Clinton’s Council […]

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An Invaluable Economic History Lesson from Thomas Sowell: Politicians Should Only “Do Something” If that Means Doing Less

An Invaluable Economic History Lesson from Thomas Sowell: Politicians Should Only “Do Something” If that Means Doing Less

Posted on September 12, 2012

The great Ronald Reagan famously said (and I am paraphrasing, since I do not remember the exact phrase) that the most dangerous words in the English language were “I am from Washington and I am here to help you.” Those are very wise words, especially when we think of the damage politicians have done because of […]

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Almost All Nations Are Heading for Collapse, but Greece Is Special (in a Bad Way)

Almost All Nations Are Heading for Collapse, but Greece Is Special (in a Bad Way)

Posted on September 1, 2012

I wrote yesterday that the United Kingdom is doomed because there isn’t a political party with the vision or courage to restrain the welfare state. At various points, I’ve also expressed pessimism about the future of France, Germany, Italy, Spain, Ireland, and even the United States. Simply stated, almost all western nations suffer from the […]

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Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

Spending Cuts and Tax Cuts Should Be an All-of-the-Above Option, Not an Either-Or Choice

Posted on August 31, 2012

I’m in Slovenia where I just finished indoctrinating educating a bunch of students on the importance of Mitchell’s Golden Rule as a means of restraining the burden of government spending. And I emphasized that the fiscal problem in Europe is the size of government, not the fact that nations are having a hard time borrowing […]

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It’s Simple to Balance the Budget with Modest Spending Restraint

It’s Simple to Balance the Budget with Modest Spending Restraint

Posted on August 23, 2012

Now that new numbers have been released by the Congressional Budget Office, it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though please remember our goal should be smaller government, not fiscal balance). I first did this back in September 2010, and showed that […]

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President Obama Is MIA on Fiscal Policy

President Obama Is MIA on Fiscal Policy

Posted on August 18, 2012

I feel like a pendulum this election season. Something will happen that makes me want to eviscerate Obama’s statist policies and I’ll write a foaming-at-the-mouth post warning that the President is turning America into Greece. But then Romney will do something odious and I’ll sound the warning sign with a we-don’t-need-another-big-spender-like-Bush post. Today, it’s Obama’s […]

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Explaining Ryan’s Budget in the Wall Street Journal

Explaining Ryan’s Budget in the Wall Street Journal

Posted on August 16, 2012

Even though I’ve already made clear that I am less-than-overwhelmed by the thought of Mitt Romney in the White House, I worry that people will become to think I’m a GOP toady. That’s because I’ve been spending a lot of time providing favorable analysis and commentary on the relative merits of the Ryan budget (particularly proposed […]

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Social Security’s $30 Trillion Fiscal Time Bomb

Social Security’s $30 Trillion Fiscal Time Bomb

Posted on August 14, 2012

I don’t give the issue much attention on this blog, but I’m very interested in Social Security reform. I wrote my dissertation on Australia’s very successful system of personal retirement accounts, for instance, and I narrated this video on Social Security reform in the United States. So I was very interested to see that the […]

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