Taxes and Spending

When it comes to energy and the environment, Americans not only get the wrong facts, arguments, and narratives—they get the wrong philosophy. Alex Epstein joins Jeff and Bob to explain. 

Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes.

Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable?

Inflation in Argentina is far worse than neighboring countries. It has only one cause: an extractive and confiscatory monetary policy—printing pesos without control and without demand.

African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.

Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.

There has been far too much concentration on the form of taxation and not enough on its total amount.

Americans are looking at a grim energy future, thanks to government.

California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective.

The political class is trying to pull the wool over your eyes. Government spending and debt are just as important as taxes.