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Another Worthy Contestant: Malaysia’s Prime Minister Is Vying to Become Politician of the Year

I have a Bureaucrat Hall of Fame to publicize civil servants who manage to get wildly over-paid while being notoriously under-worked. And I have a Moocher Hall of Fame to identify welfare recipients who have displayed special skills in living off the labor of other people. But now I’m thinking I may need to create […]

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The Chinese Miracle and the Economics of Growth

I’m in Shenyang, China, as part of the faculty for Northeastern University’s International Economics and Management program. My primary role is to talk about the economics of fiscal policy, explaining the impact of both taxes and spending. But regular readers already know my views on those issues, so let’s look instead at the vaunted Chinese […]

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My Presidential Choice

I periodically get asked who should be in the White House. Since I’m a policy wonk rather than a political pundit, I generally sidestep the question. Though it probably isn’t too hard to figure out my preference if you peruse what I’ve written about previous presidents. I’m a huge fan of both Ronald Reagan and […]

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Please, Hillary, Don’t Make America More Like Europe

The United States is laboring through the weakest economic recovery since the Great Depression. Median household income is stagnant and labor-force participation is dismal. Sounds awful, right? Compared to the strong growth of the pro-market Reagan years and pro-market Clinton years, it is awful. But maybe we should count our blessings Here’s a chart from […]

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Assessing Trump’s Acceptance Speech at the GOP Convention: Fact-Checking the Fact-Checkers

Since I’m not a fan of either Donald Trump or Hillary Clinton, I think that puts me in a good position to fairly assess whether the candidates are being dishonest. And since several media outlets just produced their “fact-checks” on Donald Trump’s acceptance speech to the Republican convention, this is a perfect opportunity to see […]

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A Very Depressing Chart on Creeping Cronyism in the American Economy

Last year, I shared the most depressing PowerPoint slide in Danish history. Back in 2011, I wrote about a depressing picture of tax complexity in America. Let’s continue with the “depressing” theme today. James Bessen, from Boston University Law School, has an interesting article in the Harvard Business Review about the source of corporate profits […]

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