Sports and Supply-Side Economics

Sports and Supply-Side Economics

One of the key insights of good tax policy is that people respond to incentives. If tax rates are punitive, people will do what they can to protect themselves from predatory government. Especially if they have any ability to control the timing,...
Recovery for the PIGS?

Recovery for the PIGS?

Just a few months ago, I wrote about Germany’s fiscal decay. Over the past eight years, government spending has grown much faster than the private sector, thus violating the Golden Rule of fiscal policy. Given the shift to bad policy in Germany, I...
Reassessing the War on Drugs

Reassessing the War on Drugs

I disapprove of marijuana, cocaine, and other drugs. But I have libertarian views on legalization because people should have the right to do potentially stupid things to their own bodies. And I hold to that view even though I fear...