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The Productive People in France Need a Frexit

The United Kingdom is getting a lot of attention because voters just chose to leave the European Union. I think this was the smart choice. Yes, there will be some short-run economic volatility, but the long-run benefits should make it worthwhile. Sort of like chemotherapy being painful, but still being much better than the alternative […]

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Social Security’s Gargantuan Fiscal Shortfall

The Social Security Administration has released the 2016 Trustees Report, which shines a spotlight on the overall fiscal condition of the program. In previous years (2012, 2013, 2014), I’ve used this opportunity to play Paul Revere. But instead of warning that the British are coming, I sound the alarm about a future fiscal crisis resulting […]

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A Remarkably Good and Reasonably Bold Tax Reform Plan from House Republicans

I’ve been advocating for good tax reform for more than two decades, specifically agitating for a simple and fair flat tax. I get excited when politicians make bold proposals, such as many of the plans GOP presidential candidates proposed over the past year or so. But sometimes I wind up feeling deflated when there’s a […]

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Nine Key Takeaways from Brexit

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. Here are some takeaway thoughts on this startling development. 1. The UK has voted to leave a sinking ship. Because of unfavorable demographics […]

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Congressman Nadler Wins Prize for Historical and Constitutional Illiteracy

It sounds arcane and pedantic, but the United States has a democratic system of government but is not (or at least was not) designed to be a democracy. A democracy implies that 51 percent of the people have the power to elect a government with unlimited powers to exploit 49 percent of the people. The […]

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The Recipe for Job Creation: Less “Help” from Washington

The American economy is in the doldrums. And has been for most this century thanks to bad policy under both Obama and Bush. So what’s needed to boost growth and create jobs? A new video from Learn Liberty, narrated by Professor Don Boudreaux (who also was the narrator for Learn Liberty’s superb video on free […]

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