If lawmakers simply limit annual spending increases to 1 percent annually, the budget is balanced by 2022.

Even a modest bit of spending restraint will do.

Should libertarians throw in the towel?

Why the Aussie state is in a fiscal mess.

Brazil takes the first steps toward market-based reforms.

Appreciating Kiwis.

Don’t get distracted from the true problem.

There are ways to compensate for the natural tendency of ever-expanding government.

Phantom spending cuts in VA.

New evidence on spending caps from a surprising source.