Has the IMF overtaken the OECD as the world’s worst international bureaucracy?
read more...There are things even Greeks don’t deserve
read more...Miraculous leaps of logic at the IMF.
read more...Federalism and decentralization promote healthy competition.
read more...Never would have guessed the IMF would admit this.
read more...The International Monetary Fund isn’t my least-favorite international bureaucracy. That special honor belongs to the Organization for Economic Cooperation and Development, largely because of its efforts to undermine tax competition and protect the interests of the political class (it also tried to have me arrested, but I don’t hold that against them). But the IMF […]
read more...Since I’m an economist, I generally support competition. But it’s time to admit that competition isn’t always a good idea. Particularly when international bureaucracies compete to see which one can promote the most-destructive pro-tax policies. For instance, I noted early last year that the bureaucrats at the Organization for Economic Cooperation and Development (OECD) were pushing a […]
read more...If some special-interest lobbies give money so that a left-wing group can propose something like a value-added tax to finance bigger government, that’s no surprise. And if a bunch of subsidy recipients donate money to Barack Obama or some other statist politician because they hope for new programs, that’s also standard procedure in DC. I’ll fight these […]
read more...In the battle of ideas, supporters of capitalism and economic liberty sometimes face an uphill climb because of a perception of heartlessness. When companies get in trouble, we’re the mean people who don’t want to give bailouts. When workers are laid off, we’re the Scrooges who don’t want perpetual unemployment checks. And when some workers aren’t earning much money, […]
read more...When you support limited government and individual freedom, you don’t enjoy many victories. Particularly if you’re relying on the U.S. Senate. But it occasionally happens. The Senate held firm and stopped Obama from getting a fiscal cliff tax hikeat the end of 2010. The Senate overwhelmingly voted against a VAT. The Senate unanimously rejected a Greek bailout. To be […]
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