It’s no secret that I have very little faith in the competence and good will of government. I focus primarily on the fecklessness of Washington, but I also can’t resist highlighting malfeasance and stupidity by local governments, state governments, and foreign governments. Indeed, I’ve even had to create special categories to keep track of some […]
read more...It’s no secret that I think we have too many government bureaucrats and I’ve shared very strong evidence that most of them are grossly overpaid. I also have shown some data suggesting that they don’t work very hard, though I confess to mixed feelings about that factoid since I’d rather have some bureaucrats goofing off […]
read more...I share a lot of economic theory and empirical evidence in favor of lower tax rates. And I’m constantly extolling the virtues of overall economic freedom. But sometimes it helps to have a real-world example of how a specific industry responds when it is freed from onerous taxation and pointless regulation. Tom Acitelli explains in […]
read more...This article appeared in The Washington Times.
read more...Back in 2010, I shared parts of a Dave Barry column that mocked the government for bizarre examples of stupid law enforcement. Barry was specifically making fun of OSHA bureaucrats for fining a company for the horrible transgression of saving a worker when a trench collapsed. But there are many other examples of law enforcement […]
read more...As an economist with a boring personality (sorry to be redundant), I sometimes focus on numbers. And when contemplating the cost of regulation and red tape, there are some numbers that should frighten all of us. Americans spend 8.8 billion hours every year filling out government forms. The economy-wide cost of regulation is now $1.75 […]
read more...Obama imposed a big tax hike last year. But I’m not talking about the fiscal cliff and the President’s class-warfare trophy of higher tax rates on those evil rich people. That happened this year. Instead, I’m referring to the increase in the regulatory burden. Here are some excerpts from a report in The Hill. The […]
read more...In large part because of an excessive burden of government, the American economy is suffering European-style stagnation, with even the Washington Post now confessing that growth far below the long-run trend. This helps explain why job creation has been so dismal in recent years, with more than twenty million Americans out of work, underemployed, or […]
read more...The United Nations may be useful as a forum for world leaders, but it is not a productive place to develop policy. The international bureaucracy compulsively supports statist initiatives that would reduce individual liberty and expand the burden of government. Global taxation with no democratic accountability or oversight. A “right” to taxpayer-financed birth control. An […]
read more...I have a love-hate attitude toward international bureaucracies. I’m mostly negative about organizations such as the IMF, World Bank, UN, and OECD. In part this is because they are a very expensive burden on taxpayers, but also because they generally push for bad policy. It’s reprehensible, for instance, that the OECD has allied itself with […]
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