Taxes and Spending

The whole episode shows the folly of top-down political solutions to social challenges.

Shannon O'Toole's memoir on working for the FDIC helps us understand why some have taken to calling federal employment "white collar welfare."

So how has the modern Democrat party built on its proud legacy of such Ponzi schemes like Social Security? By adding new ones.

The establishment media are still wrong-footed on Brexit. Johnson's hardball approach could be a big win for the UK.

If I were a corporate shill, the last thing I'd want is a free-market, laissez-faire economic system. 

Redistribution is not ethical; it’s theft and destruction. It is simply a means to satisfy the envy of some who seek to harm those who have obtained greater wealth through the satisfaction of the wants of consumers.

An estimated 78 percent of the UK’s working population are unable to make ends meet between pay-days. Neo-Keynesian policies are to blame.

Farm subsidies encourage farmers to be inefficient and wasteful. Moreover, subsidies mostly benefit large farms and landowners, and not the "small family farms" we're told the subsidies protect.

Now that they're already rich, the millionaires and billionaires who say "tax me more" are really just trying to become popular by imposing new, harsher rules of the game on everyone.

Mark Thornton reviews Alesina, Favero, and Giavazzi's book, which argues that austerity plans based on tax increases fare much worse than plans based on reducing expenditures.