The things we applauded and face-palmed over in 2014.

Taxes and spending are two of the most obvious burdens imposed by government, and I’m glad that many people are fighting against a political class that seems to have a limitless appetite for a bigger public sector. But politicians also can do great damage to an economy with mandates, regulations, and other forms of intervention. […]

I periodically get emails and phone calls from people wanting me to respond to particular statements from politicians, columnists, and other high-profile figures. Not surprisingly, Paul Krugman occasionally is the subject of these communications, particularly with regards to his view that Keynesian spending is an elixir and universal cure for economic stagnation. I certainly have […]

The news is going from bad to worse for Ireland.

I’ve already commented on Ireland’s woes, and opined about similar problems afflicting the rest of Europe, but the continuing deterioration of the Emerald Isle deserves further analysis so that American policy makers hopefully grasp the right lessons. Here are five things we should learn from the mess in Ireland.