With Crimea potentially breaking away from Ukraine and the ongoing risk of conflict, it’s time to revisit the topic. I explained a few weeks ago that decentralization was one way of defusing the crisis. Now Kevin Hassett of the American Enterprise Institute has a refreshing and important analysisexplaining how bad economic policy has hindered Ukraine’s development. He explains […]

Maybe it’s because I have a bit of a old-fashioned moralistic streak to me, but I viscerally object to the notion that good people should pay bad people not to do bad things. That’s why, a few years ago, I didn’t react favorably when the former dictator of Libya asked for several billion dollars per […]

I’ve already shared some analysis of Mark Steyn’s libertarian-leaning views on foreign policy, so it’s very timely to see what he just wrote about Syria. Here’s some of his new article in National Review. His humor is sharp, but he makes a very important point. The administration’s ingenious plan is to lose this war in […]

More than four years ago, as part of my efforts to promote and protect tax competition, fiscal sovereignty, and financial privacy, I narrated this video explaining the economic benefits of so-called tax havens. Pay close attention at the 1:07 mark. Yes, you heard right. A former bureaucrat from the European Bank for Reconstruction and Development […]

I realize that national defense is one of the few legitimate functions of the federal government, but that doesn’t mean the Pentagon budget isn’t riddled with waste, fraud, and abuse. Here’s a jaw-dropping example reported by Bloomberg. A U.S. contractor in Iraq overbilled the Pentagon by at least $4.4 million for spare parts and equipment, […]