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Puerto Rico: Another Harsh Lesson about the Consequences of Violating Fiscal Policy’s Golden Rule

When I make speeches about fiscal policy, I oftentimes share a table showing the many nations that have made big progress by enforcing spending restraint over multi-year periods. I then ask audiences a rhetorical question about a possible list of nations that have prospered by going in the opposite direction. Are there any success stories […]

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Dayton defends unfair pay raises

I wish I could say that I’m surprised that Gov. Dayton defended his unfair pay raises for a set of incompetent commissioners but that’s what he did: Gov. Mark Dayton followed through on his promise Wednesday, giving two dozen cabinet members and other commissioners salary increases. It’s essentially the same set of pay hikes Dayton […]

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The Corrupt, Cronyist Export-Import Bank Was Not Re-Authorized, so Let’s Celebrate a (Hopefully Permanent) Victory over Corporate Welfare

Advocates of economic liberty, free market, and small government haven’t enjoyed many victories in the 21st Century. Government got bigger and more expensive during Bush’s reign, starting in his first year with the No Bureaucrat Left Behind legislation and then ending in his final year with the odious TARP bailout. Then Obama came to office, […]

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Economic Lessons from the Nordic Countries

Folks on the left sometimes act as if the Nordic nations somehow prove that big government isn’t an impediment to prosperity. As I’ve pointed out before, they obviously don’t spend much time looking at the data. So let’s give them a reminder. Here are the rankings from Economic Freedom of the World. I’ve inserted red […]

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Polygamy, Gay Marriage, and the Role of Government

Since I’m a bit old-fashioned, I think polygamy is rather weird. And it would also be a practical nightmare. Thinking about it from a guy’s perspective, imagine having to remember multiple birthdays and anniversaries? Not to mention dealing with a more complicated approval process if you want to get permission to join another softball league […]

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Fiscal Fights with Friends, Part III: Why a Carbon Tax Will Enable Bigger Government rather than Better Policy

Explaining why statists are wrong about policy is a necessary part of what I do, but it sometimes can get a bit predictable. So I’ve decided to periodically pick fights with people who generally are on the right side. By the way, I’m definitely not talking about Republicans, who oftentimes are among the most worst […]

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