What an amazing vote. The people of the United Kingdom defied the supposed experts, rejected a fear-based campaign by advocates of the status quo, and declared their independence from the European Union.
The American economy is in the doldrums. And has been for most this century thanks to bad policy under both Obama and Bush.
About one year ago, Scott Hodge authored a report explaining the mechanics and utility of the Tax Foundations Taxes and Growth Dynamic Model.
Over the years, Ive latched on to several images that do a very good job of capturing the essence of an issue.
Whats the difference between Bernie Sanders and Hillary Clinton?
I spend a lot of time mocking statists, and with good reasons.
When I wrote back in 2012 that France was committing fiscal suicide, I should have guessed that President Hollande would get impatient and push for even more statism.
The long-term trend in China is positive. Economic reforms beginning in the late 1970s have helped lift hundreds of millions of people out of abject poverty.
When I compared the tax reform proposals of various 2016 presidential candidates last month, Ben Carson got the best grade by a slight margin.
When I get my daily email from the editorial page of the New York Times, I scroll through to see whether theres anything on economic issues I should read.
Politicians hate cash. That may seem an odd assertion given that they love spending money (other peoples money, of course). But what Im talking about is the fact that politicians get upset when theres not 100 percent compliance with tax laws.
I wrote yesterday that governments want to eliminate cash in order to make it easier to squeeze more money from taxpayers.
Since Im a big fan of the Laffer Curve, Im always interested in real-world examples showing good results when governments reduce marginal tax rates on productive activity.
Its time for a lesson in tax economics.
We should fondly remember the great, late Margaret Thatcher for several reasons, most notably because she saved the United Kingdom from economic collapse.
Remember the scene in Monty Python and the Search for the Holy Grail, when the Knights of the Round Table have to answer three questions before they can cross the Bridge of Death?
Since its basically a way of protecting property rights, environmental protection is a legitimate function of government.
Perhaps the least recognized and least appreciated triumph of the GOP Congress is the de facto spending freeze between 2009 and 2014.
Its been a challenge to assess Donald Trumps fiscal policies since theyve been an eclectic and evolving mix of good and bad soundbites.
As we get deeper into an election season, many politicians feel compelled to discuss how to deal with poverty. And some of them may even be serious about trying to improve the system.