Its unfortunate that Senator Tom Coburn is retiring. He hasnt been perfect, but nobody can question is commitment to limited government. Hes been a rare voice in Washington against wasteful spending.
This ongoing series has featured amazing feats of inane government, including the worlds most pointless road markings, photo-ID requirements for drain cleaner purchases, and a government so incompetent that it couldnt give money away.
The question that policy makers should ask themselves is whether theyre willing to impose $10 or $20 of damage to the private sector in order to collect $1 of additional revenue.
I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, capitalism has been the most effective ideology we have known in taking people out of extreme poverty.
While I wasnt aware of the racist history of gun control, I did have some familiarity with the fact that totalitarian governments traditionally have wanted to disarm citizens.
Why did the IMF flip-flop in such a short period of time? It does seem bizarre for a bureaucracy to publish an anti-infrastructure spending study in August and then put out a pro-infrastructure spending study two months later.
Yup, its a bird, its a plane, its government man to the rescue!
I confess that I get a bit of perverse pleasure when a left-leaning media outlet screws up and inadvertently shares information that helps the cause of limited government.
Europe in general is suffering from economic stagnation caused by a bloated public sector. Barring dramatic change, another fiscal crisis is a virtual certainty.
Ive had ample reason to praise Hong Kongs economic policy. Most recently, it was ranked (once again) as the worlds freest economy.
The United Nations is not nearly as bad as other international bureaucracies such as the Organization for Economic Cooperation and Development or the International Monetary Fund. But thats because the U.N. tends to be completely ineffective.
Do the moocher states vote for leftists? Well, if we use the 2012 presidential election as a guidepost, 7 of the top 10 moocher states voted for Obama. That suggests that there is a relationship.
The people of the United States also are confused. They support free markets, yet they also give a plurality to class-warfare tax policy.
Divided government is good for Americas economy. Or, to be more specific, divided government is a net plus if the alternative is to have statists fully in charge of economic policy.
Whenever Im asked about gun control and assault weapons, my first instinct is to steer people to the scholarly work of John Lott or the practical analysis of Larry Correia. Unfortunately, some politicians in Washington havent gotten the message.
The fact that there are bad people isnt an argument against capitalism. After all, bad people are quite likely to obtain power in a big-government society.
There are still serious problems with Obamacare, as evidenced by the fact that the Obama Administration has postponed implementation of various provisions 38 times!
Does big government necessarily and automatically imply incompetent government? ... Well, unfortunately, that seems to be the case.
To add insult to injury, all the bureaucrats at the UN get tax-free salaries while they concoct schemes to enable higher taxes on the rest of us
The United States is experiencing the weakest economic expansion since the Great Depression. Yet compared to European nations like France and Italy, were a powerhouse
Today, at 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for October 24th, 2014 | John Ransom
In Other News: List of "Useless Government Spending" Strangely Doesn't Include Biden's Salary | Michael Schaus
In Other News: Massachusetts School Board Moves to the Right of Democrats - Becomes Socialist | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 20th, 2014 | John Ransom