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Cronyism and CorporatismTaxes and SpendingPolitical Theory
Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word "corruption" when we reserve it for just a few politicians who break the arbitrary rules.
Labor and WagesTaxes and Spending
The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation.
Taxes and SpendingWorld HistoryPolitical Theory
When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.
SocialismTaxes and Spending
It may be emotionally satisfying for many to favor sticking it to billionaires, but reason informs us that in so doing it is the poor who would end up paying the steepest price.
Monetary PolicyTaxes and SpendingCapital and Interest Theory
Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.
Taxes and SpendingPolitical Theory
The commandment "Thou shalt not steal" was not to be abolished outright. That would offend too many. So the commandment was simply modified to "Thou shalt not steal—except by majority vote."
Monetary PolicyStrategyTaxes and Spending
As confidence in the dollar falls, Americans put more of their money in gold, silver, and cryptocurrencies. State governments can help this process along by deregulating sound money.
InflationThe FedTaxes and Spending
We’re in a terminal debt spiral. The only question is how long it will last until the patient succumbs.
Taxes and Spending
To cut taxes without cutting spending means greater burdens on the private sector through more government borrowing, higher indirect taxes, and monetary pumping which will come in the future.
Global EconomyTaxes and Spending
President López Obrador of Mexico has surprisingly been a voice of fiscal sanity, refusing to embrace the sorts of enormous stimulus packages that are now so popular worldwide.