I don’t give the issue much attention on this blog, but I’m very interested in Social Security reform. I wrote my dissertation on Australia’s very successful system of personal retirement accounts, for instance, and I narrated this video on Social Security reform in the United States. So I was very interested to see that the […]

One of the reasons why this blog is called International Liberty is that the world is a laboratory, with some nations (such as France) showing why statism is a mistake, other jurisdictions (such as Hong Kong) showing that freedom is a key to prosperity, and other countries (such as Sweden) having good and bad features. […]

Most people have a vague understanding that America has a huge long-run fiscal problem. They’re right, though they probably don’t realize the seriousness of that looming crisis. Here’s what you need to know: America’s fiscal crisis is actually a spending crisis, and that spending crisis is driven by entitlements. More specifically, the vast majority of […]

The Economist magazine has a couple of good articles about Australia’s increasingly enviable economic status. Here’s a blurb from the first article, which outlines the pro-market reforms that enabled today’s prosperity. Only a dozen economies are bigger, and only six nations are richer—of which Switzerland alone has even a third as many people. Australia is […]