Many of you probably heard about the “Halbig” decision, in which a federal court struck a blow against Obamacare by ruling that the IRS was wrong to arbitrarily grant subsidies for health insurance policies purchased through a federal exchange. And why did the judges rule against the IRS? Well, for the simple reason that the […]

I thought TARP was the sleaziest-ever example of cronyism and corruption in Washington. The Wall Street bailout rewarded politically well-connected companies, encouraged moral hazard, and ripped off taxpayers. Heck, it was so bad that it makes the sleaze at the Export-Import Bank seem almost angelic by comparison. But I may have to reassess my views. One of the provisions of Obamacare allows […]

One of the many challenges of being libertarian is that people sometimes think you’re naive about foreign policy (sort of like the first entry in this 24-part satirical collage of libertarians). In large part, I think that’s because they confuse non-interventionism with pacifism. To elaborate on why they’re wrong, I’ve shared some thoughts from Mark Steyn, George Will, and Steve […]

President Obama and many other leftist politicians are running around the nation claiming that supposedly greedy employers are deliberately choosing to reduce their profits. They’re not actually making that specific claim, but that’s what they’re asserting, for all intents and purposes, when they claim that women are not getting equal pay for equal work. If […]

I spoke yesterday to the Memphis Economics Club about America’s looming fiscal crisis, and I did my usual song-and-dance routine about potential Greek-style chaos in the absence of genuine entitlement reform. But I confess I was stumped when, after the speech, someone from the audience asked me what was going on with Obamacare. I can pontificate at […]

In recent weeks, I’ve pontificated on Obama’s spendthrift budget, Congressman Dave Camp’s timid tax reform plan, and the corrupt cronyism of Washington. I got to elaborate on all these topics – and more – in this interview with Professor Glenn Reynolds, more widely known as Instapundit. If there was an overall theme, it’s that President Obama’s statist agenda is not […]

The President’s new budget has been unveiled. There are lots of provisions that deserve detailed attention, but I always look first at the overall trends. Most specifically, I want to see what’s happening with the burden of government spending. And you probably won’t be surprised to see that Obama isn’t imposing any fiscal restraint. He wants spending to […]