Regulars

Half Baked

Petit Tyrants

Wasting Money Is Washington’s Favorite Activity

It’s unfortunate that Senator Tom Coburn is retiring. He hasn’t been perfect, but nobody can question is commitment to limited government. He’s been a rare voice in Washington against wasteful spending. And he’s going out with a bang, having just released the 2014 edition of the Wastebook. It’s a grisly collection of boondoggles and pork-barrel […]

Continue reading Wasting Money Is Washington’s Favorite Activity

Who You Going to Believe on Infrastructure Spending: The IMF in August or the IMF in October?

The International Monetary Fund isn’t my least-favorite international bureaucracy. That special honor belongs to the Organization for Economic Cooperation and Development, largely because of its efforts to undermine tax competition and protect the interests of the political class (it also tried to have me arrested, but I don’t hold that against them). But the IMF […]

Continue reading Who You Going to Believe on Infrastructure Spending: The IMF in August or the IMF in October?

Washington’s Action Plan for Ebola: Squalid Waste and Pork-Barrel Spending by the CDC and NIH, Seasoned with Corruption at HHS

Years ago, I shared a very funny poster that suggests that more government is hardly ever the right answer to any question. Yet in Washington, the standard response to any screwup by government is to make government even bigger. Sort of Mitchell’s Law on steroids. And that’s exactly what’s happening with the Ebola crisis. The […]

Continue reading Washington’s Action Plan for Ebola: Squalid Waste and Pork-Barrel Spending by the CDC and NIH, Seasoned with Corruption at HHS

Excessive Government Spending in Europe: Sowing the Seeds for another Fiscal Crisis

Europe is in deep trouble. That’s an oversimplification, of course, since there are a handful of nations that seem to be moving in the right direction (or at least not moving rapidly in the wrong direction). But notwithstanding those exceptions, Europe in general is suffering from economic stagnation caused by a bloated public sector. Barring […]

Continue reading Excessive Government Spending in Europe: Sowing the Seeds for another Fiscal Crisis

Hong Kong’s Remarkable Fiscal Policy

I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by comparing Hong Kong’s economic performance to the comparatively lackluster (or weak) performance of economies in the United States, Argentina, and France. But perhaps the […]

Continue reading Hong Kong’s Remarkable Fiscal Policy

Nation’s Leader Rejects Keynesian Economics, Acknowledges that Real Jobs Are Created by the Private Sector

You’re probably surprised by the title of this post. You may even be wondering if President Obama had an epiphany on the road to Greece? I don’t mean to burst your bubble, but the leader we’re talking about isn’t the President of the United States. Instead, we’re talking about the Prime Minister of Finland and […]

Continue reading Nation’s Leader Rejects Keynesian Economics, Acknowledges that Real Jobs Are Created by the Private Sector