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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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Thomas Sowell on the Economics of Redistribution: Quicksand at One End and Beatings at the other End

Over the years, I’ve shared some clever images, jokes, and cartoons to expose the flawed mindset of those who hope to achieve coerced equality of outcomes with redistribution and high tax rates. The size of a pizza vs the share of a slice. The modern version of the Little Red Hen. Washington’s Byzantine welfare state. […]

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Blue State Fail: California’s Long-Term Economic Decline

Something doesn’t add up. People like me have been explaining that California is an example of policies to avoid. Depending on my mood, I’ll refer to the state as the France, Italy, or Greece of the United States. But folks on the left are making the opposite argument. A writer for the Huffington Post tells […]

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The Italian Version of Everything You Need to Know about Bureaucracy and Government

In 2014, I was outraged that more than 80 percent of senior bureaucrats at the Veterans Administration were awarded bonuses, even though this is the bloated bureaucracy that caused the death of many veterans by putting them on secret waiting lists. This, I argued, was a perfect example (in a bad way) of federal bureaucracy […]

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The Six Most Important Takeaways from CBO’s New Long-Run Fiscal Forecast

The Congressional Budget Office has just released the 2016 version of its Long-Term Budget Outlook. It’s filled with all sorts of interesting data if you’re a budget wonk (and a bit of sloppy analysis if you’re an economist). If you’re a normal person and don’t want to wade through 118 pages, you’ll be happy to […]

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Postal Service: Return to Sender

I don’t mind being polemical on occasion, but I generally don’t accuse my opponents of being “socialists.” American leftists generally focus on redistribution and regulatory intervention and socialism technically means that the government directly owns, operates, and controls various sectors of the economy (think, for example, of the difference between Obamacare and the U.K.’s system, […]

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