Taxes and Spending

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Hopes for "China-ization" of Europe's Economy Fuels the Latest Investor Frenzy

Monetary PolicyTaxes and Spending

Blog07/30/2020

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

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Foreign Aid Is Protectionism

Taxes and SpendingWar and Foreign PolicyPolitical TheoryProduction Theory

Blog07/23/2020

The economic nationalist faces a dilemma. Foreign aid handouts and economic protectionism are not only wholly compatible in theory, but the effects of foreign aid perfectly complement economic nationalists’ goals.

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The World Is Drowning in Debt

Big GovernmentGlobal EconomyTaxes and Spending

Blog07/21/2020

Debt is neither free nor irrelevant, as interventionists want us to believe, even if interest rates are low. More debt means less growth and a slower exit from the crisis, with lower productivity growth and a tepid employment improvement. 

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How the State Destroys Families

ProgressivismSocialismTaxes and Spending

Blog07/13/2020

Family policy has become an important area of ​​state growth in recent years. In the past, various state interventions served to protect the family (tax privileges, child benefits, etc.), but today’s politics are almost exclusively harmful to the family.

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Other Reasons to Remove Wilson’s Name at Princeton

Taxes and SpendingU.S. HistoryWar and Foreign Policy

Blog07/11/2020

There are at least four good reasons for removing Wilson’s name from Princeton buildings—racial bigotry, his embroiling the US in World War I, his founding of the Fed, and his enactment of the US income tax.

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What Germany Must Do for a Speedy Recovery

Corporate WelfareEconomic FreedomTaxes and Spending

Blog07/07/2020

The German "stimulus" package does nothing to actually stimulate true economic growth. If German policymakers were smart, they'd be cutting taxes and spending, while abolishing regulations.

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The Problem with Government "Contact Tracing"

Big GovernmentHealthTaxes and Spending

Blog06/29/2020

The government's plan for "contact tracing" to prevent the spread of COVID-19 relies on huge amounts of government spending, plus unproven science as to the nature of the disease.

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A Review of Stephanie Kelton’s The Deficit Myth

Book ReviewsMonetary PolicyTaxes and SpendingMonetary Theory

Blog06/23/2020

The good news is that Stephanie Kelton has written a book on MMT that is very readable and will strike many readers as persuasive and clever. The bad news is that Stephanie Kelton has written a book on MMT that is very readable and will strike many readers as persuasive and clever.

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Central Bankers Gone Wild: It's a New Era at the Fed

Booms and BustsMonetary PolicyTaxes and Spending

Blog06/08/2020

When people are scared they let the authorities get away with all sorts of nonsense. We're seeing this with the Federal Reserve right now.

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The Japanese Love of Keynesian Economics Might Finally Be Coming to an End

Free MarketsGlobal EconomyTaxes and Spending

Blog05/20/2020

Decades of Keynesian policy have crippled the Japanese economy. Only a turn toward free markets offer a real way out.

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