Back in 2010, I described the “Butterfield Effect,” which is a term used to mock clueless journalists for being blind to the real story. A former reporter for the New York Times, Fox Butterfield, became a bit of a laughingstock in the 1990s for publishing a series of articles addressing the supposed quandary of how crime […]
Continue reading The Economist and New York Times Channel Fox Butterfield on Keynesian Policy
I suggested earlier this year that Denmark’s ratio of private sector workers compared with government dependents produced the world’s most depressing Powerpoint slide. It’s hard to be optimistic, after all, if a nation has an ever-growing number of people riding in the wagon (or the “party boat“) and a stagnant population of productive people. But […]
Continue reading Will Denmark Become a Shining Example of Mitchell’s Golden Rule?
Last September, I wrote about some very disturbing 10-year projections that showed a rising burden of government spending. Those numbers were rather depressing, but a recently released long-term forecast from the Congressional Budget Office make the 10-year numbers look benign by comparison. The new report is overly focused on the symptom of deficits and debt […]
Continue reading America’s Greek Fiscal Future
Our nation very much needs fundamental tax reform, so it’s welcome news that major public figures – including presidential candidates – are proposing to gut the internal revenue code and replace it with plans that collect revenue in less-destructive ways. A few months ago, I wrote about a sweeping proposal by Senator Marco Rubio of […]
Continue reading Senator Rand Paul’s Very Good Tax Plan Needs One Important Tweak
I’m in Geneva, Switzerland, where I just gave a speech about how international bureaucracies such as the OECD are seeking to undermine tax competition in hopes that the welfare state can be propped up for a few more years with ever-higher taxes. But regular readers already know my views on these issues, so instead I […]
Continue reading Is Switzerland the World’s Most Sensible Country?
What’s the worst international bureaucracy? There’s certainly a strong argument the International Monetary Fund deserves that award. I’ve even referred to the IMF as the Dr. Kevorkian of the world economy. The United Nations also could claim the award since it wastes lots of money and routinely promotes bad policy across the globe. Let’s not […]
Continue reading Even More Evidence that the OECD Is the Worst International Bureaucracy