Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Great Moments in Socialism

Socialism is an economic failure. International socialism didn’t work in the Soviet Union. National socialism didn’t work in Germany. And democratic socialism, while avoiding the horrors of its communist and Nazi cousins, also has been a flop. Socialism fails because it attempts to replace market-determined prices with various forms of central planning based on government-dictated […]

Continue reading Great Moments in Socialism

Measuring the Frugality (or lack thereof) of the GOP Governors Running for the White House

There are eight current or former governors running for the Republican nomination in 2016. In alphabetical order, we have Jeb Bush, Chris Christie, Mike Huckabee, John Kasich, Bobby Jindal, George Pataki, Rick Perry, and Scott Walker. So who’s the best of that bunch? That’s a subjective judgement, of course, but one valuable piece of information […]

Continue reading Measuring the Frugality (or lack thereof) of the GOP Governors Running for the White House

Free-Market Reforms Are Needed to Boost Chinese Prosperity and Stabilize the Economy

At the risk of stereotyping, the Chinese people are remarkably productive when given the chance. Hong Kong and Singapore are dominated by ethnic Chinese, and those jurisdictions routinely rank among the world’s top economies. Taiwan is another high-performing economy with an ethnic Chinese population. Ironically, the only place where Chinese people don’t enjoy high average […]

Continue reading Free-Market Reforms Are Needed to Boost Chinese Prosperity and Stabilize the Economy

The Foreign Edition of Great Moments in Government

It would require several people, working around the clock, to provide daily updates about the bizarre and senseless actions of the crowd in Washington. And you’d need many additional people to monitor the foolish decisions in state capitals. I certainly try to do my small part, sharing example of jaw-dropping vapidity by our overseers in […]

Continue reading The Foreign Edition of Great Moments in Government

In One Image, Everything You Need to Know about America’s Demographic Challenge

Why are many developed nations facing long-run fiscal crisis according to long-run estimates from the IMF, BIS, and OECD? Poorly designed entitlement programs are a big part of the answer, with the United States being an unfortunate example of how fiscal systems become unstable when politicians buy votes by putting burdens on future taxpayers. But changing demographics is […]

Continue reading In One Image, Everything You Need to Know about America’s Demographic Challenge

A Very Simple Plan to Balance the Budget by 2021

Earlier this month, Americans for Prosperity held a “Road to Reform” event in Las Vegas. I got to be the warm-up speaker and made two simple points. First, we made a lot of fiscal progress between 2009 and 2014 because various battles over debt limits, shutdowns, and sequestration actually did result in real spending discipline. […]

Continue reading A Very Simple Plan to Balance the Budget by 2021