Taxes and Spending

It took centuries to end the idea that taxes kept the privileged class in comfort and financed their wars. But now we're told taxes = civilization.

Since the Obama administration nationalized the student loan program, we have seen student debt metastasize. Unfortunately, the Biden administration looks to make things even worse.

No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.

Keynesian orthodoxy claims government can successfully counter recession through "expansionary" policies. To the contrary, these policies increase the danger to the economy.

The economic purpose of capital markets is to provide a nexus between savers and borrowers for the financing of productive investment, writes Robert Blumen.

Everyone seems to agree that Reagan slashed the size and scope of government. Murray N. Rothbard exposes the truth.

Germany's government is pushing a new plan for massive spending on a "Climate Fund." This is justified with the usual Keynesian myths about the benefits of government spending.

Germany's government is pushing a new plan for massive spending on a "Climate Fund." This is justified with the usual Keynesian myths about the benefits of government spending.

In Las Vegas, the city's convention center authority has found new ways to blow money on shiny objects like Elon Musk's death-trap tunnels and NFL events.

From its inception, the Fed's job has been to pay off the debt and cover excess expenditures with newly printed paper money.