Austerity to a politician means higher taxes on personal income and small businesses; never the sacred government trough. Keynesian stimulus does not work. The IMF-inspired austerian approach does not work. Real austerity means eliminating regulators and regulations, cutting taxes, and selling government assets.
A central-bank induced boom cannot continue forever. The piper must be paid.
The greatest promotional offender is not the marketplace, but the arm twisting by government.
The decision to delay small employer mandates, but embrace reduced future labor supply is an example of bad economics, but good politics.
Surveillance programs by a secret court violates the requirement for “due process of law.”
From the context of natural rights, government has no justification in forcing you to pay for a charity you would not fund voluntarily.
The legalization of cannabis in Colorado has opened up new markets beyond the buying and selling of recreational drugs.
Once I understood the fundamental choice was between laissez-faire and statism, it was clear: there was no “third way.”
One of the delusions oOne of the delusions of any democratic government is the “other guy will pay” syndrome.f any democratic government is the “other guy will pay” syndrome.
There is a perfect storm developing then in the European banking sector.
