A Painful Lesson for German Taxpayers

A Painful Lesson for German Taxpayers

I’ve been in Prague the past few days for a meeting of the European Resource Bank. I spoke today about a relatively unknown international bureaucracy called the European Bank for Reconstruction and Development and I warned that it is going through a process of...
Great Moments in Foreign Government

Great Moments in Foreign Government

Since I’m always reading and writing about government policies, both in America and around the world, I’m frequently reminded of H.L. Mencken’s famous observation about the shortcomings of “tolerable” government. If you take a close look at the world’s freest...