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The Costly Impact of Obamanomics

One of the reasons I repeatedly compare market-oriented countries with statist nations is to show that even minor differences in growth, if sustained over time, can have enormous impact on living standards for ordinary people. And that’s why we should be very worried that America’s economy is sputtering. During the 138 years between 1870 and […]

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Highway Funding Battle Brings Out the Worst of Washington

When giving speeches outside the beltway, I sometimes urge people to be patient with Washington. Yes, we need fundamental tax reform and genuine entitlement reform, but there’s no way Congress can make those changes with Obama in the White House. But there are some areas whether progress is possible, and people should be angry with […]

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Helpful Advice for Jeb Bush and other Candidates: Shrinking Government Is the only Effective Way to Reduce Washington Corruption

A few days ago, I had some fun by writing a tongue-in-cheek column about the world’s most misleading headlines. Today, I want to share a strong contestant for the world’s most depressing headline. It’s from The Hill, and it’s the lead to a story about giddy times for Washington’s lobbying community. So why are lobbyists […]

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While Greece Implodes, France Corrodes and Spain Erodes

For understandable reasons, the fiscal mess in Greece has dominated the European economic headlines. But there are other developments that deserve attention. Amazingly, some politicians think Europe’s stagnant economy can be improved with more harmonization, more bureaucratization, and more centralization. The EU Observer has a story about a French scheme to transform the eurozone into […]

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A Five-Picture Explanation of the Greek Mess

I’ve shared lots of analysis (both serious and satirical) about the mess in Greece and I feel obliged to comment on the latest agreement for another bailout. But how many times can I write that the Greek government spends too much money and has a punitive tax system (and a crazy regulatory regime, a bloated […]

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Great Moments in Masochistic Government Incompetence

I’ve argued that we’ll get better government if we make it smaller. This is important because government is responsible for some things – such as national defense and protection of property rights – that are genuinely important. Yet a bloated public sector distracts officials from effectively focusing on those things that matter. There are some legitimate […]

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