I don’t write or speak about education very much, but, when asked, I explain that America has a very costly and inefficient government school monopoly. The strongest piece of evidence is an amazing chart put together by a Cato colleague. It shows that education spending has skyrocketed while educational performance has stagnated. One of my […]

This article appeared in La Prensa.

With many European nations already in the midst of a fiscal crisis caused by excessive government, and with most other industrialized nations heading down the same path thanks to aging populations and poorly designed entitlement programs, this would be a good time for supposed experts to propose ways to rein in the welfare state. But […]

I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using American tax dollars to promote a statist economic agenda. Most recently, it launched a new scheme to raise the tax burden on multinational companies, which […]

This article appeared in Harbour Times.

Since I just left Monaco and am now in Geneva, this is an appropriate time to extol the virtues of so-called tax havens.   But I don’t merely say nice things about low-tax jurisdictions when I’m in friendly environments. I believe in swinging my sword in the belly of the beast. That’s why I recently […]

I’ve been very critical of the Organization for Economic Cooperation and Development. Most recently, I criticized the Paris-based bureaucracy for making the rather remarkable assertion that a value-added tax would boost growth and employment. But that’s just the tip of the iceberg. The OECD has allied itself with the nutjobs from the so-called Occupy movement […]

Thanks to tax competition and beginning with the cuts under Reagan and Thatcher, global tax rates have declined over the last several decades. In order to remain economically competitive, politicians have had to refrain from the excessive fleecing of taxpayers and businesses – or at least settled for confiscating less wealth than they otherwise would. […]

This article appeared in Forbes.

The latest attempt at ending tax competition was kicked off with an OECD report called “Addressing Base Erosion and Profit Shifting.” The paper is deeply troubling for advocates of tax competition and pro-growth policies.