The International Monetary Fund isn’t my least-favorite international bureaucracy. That special honor belongs to the Organization for Economic Cooperation and Development, largely because of its efforts to undermine tax competition and protect the interests of the political class (it also tried to have me arrested, but I don’t hold that against them). But the IMF […]
Continue reading Who You Going to Believe on Infrastructure Spending: The IMF in August or the IMF in October?
Years ago, I shared a very funny poster that suggests that more government is hardly ever the right answer to any question. Yet in Washington, the standard response to any screwup by government is to make government even bigger. Sort of Mitchell’s Law on steroids. And that’s exactly what’s happening with the Ebola crisis. The […]
Continue reading Washington’s Action Plan for Ebola: Squalid Waste and Pork-Barrel Spending by the CDC and NIH, Seasoned with Corruption at HHS
Europe is in deep trouble. That’s an oversimplification, of course, since there are a handful of nations that seem to be moving in the right direction (or at least not moving rapidly in the wrong direction). But notwithstanding those exceptions, Europe in general is suffering from economic stagnation caused by a bloated public sector. Barring […]
Continue reading Excessive Government Spending in Europe: Sowing the Seeds for another Fiscal Crisis
Watching all the ads being run by Nancy Pelosi’s PAC, the Franken campaign, the Nolan campaign and all the anti-business rhetoric coming from the Dayton campaign, DFL chairman Ken Martin and other anti-business parasites, there’s only one conclusion you can draw. The DFL and its candidates hate employers. Joe Soucheray’s column highlights the DFL’s silliness […]
Continue reading DFL, Nolan, Franken hate employers
Back in 2010, I shared some wise words from Walter Williams and Theodore Dalrymple about how society can become unstable when people figure they can “vote themselves money.” On a related note, I shared the famous “riding in the wagon” cartoons in 2011 and the “Danish party boat” image in 2014. Both of these posts […]
Continue reading What Happens When Too Many Voters Support Redistribution?
In the last few months of 2013, Obamacare suffered a series of embarrassing setbacks dealing with everything from a clunky website to plan cancellations to the White House feeling compelled to arbitrarily ignore the law. Since that time, though, people seem to have adapted to this new burden. But adaptation doesn’t mean approval. There are […]
Continue reading A Very Bad Year for Obamacare…and a Worse Year for the Victims of Obamacare