In a normal economy a wealth tax would be a mistake. Now it would be catastrophic.

Even some on the left see big downsides.

It’s rare to see so much inaccuracy in so few words.

We’ll take him seriously when he walks the walk.

It’s a hassle for rich people, but it’s the rest of us who suffer most.

Taxing savings and investment is economic suicide.

Switzerland does a lot of things right. This isn’t one of them.

I realize it’s wrong, but I can’t help cheering for France’s socialist president. Francois Hollande seems determined to raise every tax, expand every program, and augment every bit of red tape that afflicts the French economy. I fully expect this to end poorly, but at the risk of admitting that I’m chauvinistically concerned first and […]

Last year, I debunked the silly claim that Obama is a conservative. I almost didn’t write that post. Some things, after all, presumably don’t require a response. Would I waste my time, for instance, responding to someone who claimed that Milton Friedman was a communist? But sometimes it’s necessary to counter absurd arguments, precisely so […]