Libertarians are sometimes accused of being unrealistic and impractical because we occasionally talk about unconventional ideas such as competitive currencies and privatized roads. But having a vision of a free society doesn’t mean we’re incapable of common-sense political calculations. For example, my long-run goal is to dramatically shrink the size and scope of the federal […]
Continue reading Are Well-Meaning but Misguided Conservatives Being Seduced by the Value-Added Tax?
I wouldn’t be too upset about Hillary Clinton winning the White House in 2016, but only if I somehow could be assured that we would get the kind of policies we got when her husband was President. After all, economic freedom increased during the 1990s, largely because of a smaller burden of government spending and […]
Continue reading Another Edition of “I Can’t Believe Hillary Clinton Actually Said That”
The world is a laboratory, with lots of experiments to see if a nation can prosper with big government and pervasive intervention. The results are not encouraging. I’ve written about France being a basket case, over and over again. And I am equally pessimistic about Greece because the moochers and looters outnumber productive people in […]
Continue reading Has Italy Passed the Point of No Return for Statism and Big Government?
I don’t particularly care how people vote, but I do care whether they believe in freedom. That’s why I periodically share stories that should convince everyone to believe in the libertarian philosophy of small government, individual liberty, and personal responsibility. The stories that get me most agitated are the ones that involve innocent people being […]
Continue reading Another Example of Government Thuggery – and another Reason Why Decent and Moral People Are Libertarians
Since all economic theories – even Marxism and socialism – recognize that capital formation is a key to long-run growth, higher wages, and improved living standards, it obviously doesn’t make sense to penalize saving and investment. Yet that’s exactly what happens because of double taxation in the United States, as can be seen by this […]
Continue reading Canada Shows How to Eliminate the Tax Bias against Saving