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Elitism; Where Libertarians, the Left, and Now Too Many Conservatives Share the Same Dance

And how they are joined is neither political nor philosophical. It is entirely psychological. This is important to understand, because Karl Marx’s original followers were all academicians. …

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Venezuela Is Heading for the Fourth Circle of Statist Hell

Maybe it’s just because I’m a wonk, but it seems that comparing long-run growth rates in various nation sets up a slam-dunk argument for the superiority of free markets and small government. Whether it’s North Korea vs. South Korea, Cuba vs. Chile, or Ukraine vs. Poland, nations with bigger governments and more intervention inevitably decline […]

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Debunking Leftist Mythology on Sweden and Denmark

I’m still in China, as part of a week-long teaching assignment about markets, entrepreneurship, economics, and fiscal policy at Northeastern University in Shenyang. One point that I’ve tried to get across to the students is that China should not copy the United States. Or France, Japan, or Sweden. To be more specific, I warn them […]

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Masochism Exercise, Part II: Reviewing the Republican Platform

Yesterday, I shared some of the highlights (and lowlights) of the Democratic Party platform. It wasn’t a fun task. The Democrats put together a rat’s nest of taxes, spending, cronyism, and red tape, so my blood pressure probably went crazy as I read the document. Crazy Bernie Sanders may have lost the war for the […]

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The Doctrine of Liberty, The Original Republican Brand, Will Donald Trump Restore it?

Will he want to? Does he even know it exists? Well now he does, and now Donald Trump knows that the Doctrine of Liberty is …

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Masochism Exercise, Part I: Reviewing the Democratic Platform

It’s very risky to trust the promises made by politicians. But at least there’s a potential downside when they break their word. President George H.W. Bush lost the 1992 election, for instances, after violating his read-my-lips, no-tax-hike promise. So I think it’s useful to get politicians to explicitly commit to good policies, such as the […]

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