Flat Tax Folly
Steve Forbes's plan for a flat tax seems good, writes Laurence Vance. But there are major problems.
Fiscal Theory
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Aren’t Deficits Another Name for Saving? Nope.
Robert Murphy says that linking government deficits to private savings and growth is not merely inaccurate; it is exactly backwards.
Colorado’s “Taxpayer’s Bill of Rights”: A Lesson on How to Limit Government?
Ryan McMaken writes that the Taxpayer’s Bill of Rights amendment to the Colorado has slowed the growth of government.
There Is No Such Thing as a Fair Tax
Writes Laurence Vance: the FairTax Plan—a proposal to replace the current system of federal taxes with a national sales tax is a disaster waiting to happen.
The Deficit Reduction Myth
Congress is reducing the deficit? Bert McLachlan says it’s a joke.
Indonesia’s Energy Policy: A Lesson in Failure
Disruption, high prices, and dislocations of all sorts have led to call for a new "energy policy." Let us consider the case of Indonesia, writes K.Y. Leong, which has an energy policy of an unusual sort.
Toward a Reconstruction of Utility and Welfare Economics
The essence and the driving force of human action — and therefore of the human market economy — are the valuations of individuals.
Greenspan’s Mysterious Conundrum
Greenspan speaks of a condundrum whereby long-term yields on government bonds are surprisingly low. Why anyone would invest in them is a legitimate question, writes Stefan Karlsson.
