Frederic Bastiat also deserves credit for the pithy and accurate observation about government basically being a racket or a scam.
The Obama Administration has already announced a bunch of tax increases that will be part of the Presidents soon-to-be-released budget.
Theres a lot of navel-gazing analysis in Washington about whether to expect some sort of bipartisanship over the next two years. I find such discussions very irritating because they assume that you automatically get good results when Republicans and Democrats both agree on a policy.
As a taxpayer, I dont like the fact that government employees get paid more than folks in the private sector. But the big difference between bureaucrats and regular workers isnt so much the pay, its the fringe benefits.
Just like the swallows return each year to Capistrano, I eagerly await the Congressional Budget Offices release of its annual Economic and Budget Outlook.
Hes definitely the greatest president of my lifetime and, with one possible rival, he was the greatest President of the 20th century.
Simply stated, tax-and-transfer entitlement programs dont work very well with aging populations.
The developing world is hampered by intervention, corruption, and absence of property rights. And the United States is stumbling through an abnormally weak recovery.
I fear that many nations, such as France and Greece, have already reached the point of no return. And Im worried America is on the same path.
Watching politicians give speeches, such as Obamas State of the Union address, is an occupational hazard when you work at a think tank.
Workers tend to earn more when there is more capital... Which should be a common-sense observation.
Over and over again, Ive shared evidence showing that gun ownership deters crime. As I pointed out in my IQ test for criminals and liberals, even stupid criminals dont want to get shot.
If the Moocher Hall of Fame ever moves from the virtual world to brick-and-mortar reality, its going to need a lot of space.
The Nordic focus on equality is so pervasive that it leads to unbelievably stupid policies.
Keynesian economics is a perpetual-motion machine for statists. The way to boost growth, they argue, is to have governments borrow lots of money from the economys productive sector and then spend it on anything and everything.
Its very frustrating to write about the minimum wage. How often can you make the elementary observation, after all, that youll get more unemployment if you try to make businesses pay some workers more than theyre worth?
The modern welfare state is a disaster. But rather than go into lengthy details, lets simply look at some very powerful images.
Way back in 2010, immediately after Obamacare was rammed down our throats, I put together four guiding principles for a counter-offensive.
For the past several years, on the issue of jobs, Ive focused more on the employment-population ratio rather than the official unemployment rate.
There wont be any excuse, however, if Republicans move forward with a plan to hike the gas tax and further centralize transportation decisions in Washington.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for January 30th, 2014 | John Ransom
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NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for January 26th, 2014 | John Ransom