Login

A Left-Wing Tax Victory that Is Actually a Triumph for Supply-Side Economics

Our statist friends like high taxes for many reasons. They want to finance bigger government, and they also seem to resent successful people, so high tax rates are a win-win policy from their perspective. They also like high tax rates to micromanage people’s behavior. They urge higher taxes on tobacco because they don’t like smoking. […]

Continue reading A Left-Wing Tax Victory that Is Actually a Triumph for Supply-Side Economics

Another Grim Reminder that Obamacare Has Made Healthcare More Expensive

Way back in 2009, some folks on the left shared a chart showing that national expenditures on healthcare compared to life expectancy. This comparison was not favorable to the United States, which easily spent the most money but didn’t have concomitantly impressive life expectancy. At the very least, people looking at the chart were supposed […]

Continue reading Another Grim Reminder that Obamacare Has Made Healthcare More Expensive

Nordic Nations Show How Welfare and Redistribution Weaken the Human Spirit

Statists occasionally get very angry about some of my views. My support for “tax havens” periodically seems to touch a raw nerve, for instance, though I guess I shouldn’t be too surprised since some people are so crazy that they have even urged military action against these low-tax jurisdictions. I also get some angry responses […]

Continue reading Nordic Nations Show How Welfare and Redistribution Weaken the Human Spirit

Is Anybody Shocked that Higher Minimum Wage Mandates Are Resulting in Fewer Jobs?

While economists are famous for their disagreements (and their incompetent forecasts), there is universal consensus in the profession that demand curves slope downward. That may be meaningless jargon to non-economists, but it simply means that people buy less of something when it becomes more expensive. And this is why it makes no sense to impose […]

Continue reading Is Anybody Shocked that Higher Minimum Wage Mandates Are Resulting in Fewer Jobs?

Hillary Is Wrong: Subsidies for Higher Education Are the Problem, not the Solution

“So many bad ideas, so little time.” That’s my attitude about Hillary Clinton. She proposes misguided policies at such a rapid rate that I feel like I’m having to spend too much of each day trying to correct all the economic mistakes that emanate from her and her campaign. For the fifth time over the […]

Continue reading Hillary Is Wrong: Subsidies for Higher Education Are the Problem, not the Solution

Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics

If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a discriminatory tax penalty on new investment? […]

Continue reading Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics