Archive for the ‘InternationalLiberty’ Category

Comments Off on Genuine Free Markets Easily Out-Perform “State-Led Capitalism”

INTERNATIONAL LIBERTY – The good news is that some honest leftists have thrown in the towel and now openly admit that capitalism generates more prosperity. They still don’t want free markets, of course. For ideological reasons, they continue to push for a big welfare state. But at least they admit their redistributionist policies lead to […]

Comments Off on More Government Spending = Weaker Economic Performance

INTERNATIONAL LIBERTY – I’m in Brussels, where I’m participating in an “Economic Freedom Summit” on the unfriendly turf of the European Parliament. My role was to chair a panel earlier today about whether Venezuela can recover from socialism. I obviously have an opinion on that topic, but I want to write today about some information […]

Comments Off on A Painful Lesson for German Taxpayers

INTERNATIONAL LIBERTY – I’ve been in Prague the past few days for a meeting of the European Resource Bank. I spoke today about a relatively unknown international bureaucracy called the European Resource Bank and I warned that it is going through a process of OECD-ization, which is simply my way of saying it is pursuing […]

Comments Off on The “Buffett Rule” and the Taxation of Labor and Capital

Southern Watchman says: The Fact of the matter is that our government could indeed find ways to fund itself without taxes. They did it before, they can do it again. The truth is, however, that its much easier, and much more lucrative, to threaten We the People with prison if we don’t fork over however […]

Comments Off on Economic Freedom in Europe

INTERNATIONAL LIBERTY – I periodically share data comparing the United States and Europe, usually because I want to convince people that America’s medium-sized welfare state is better (less worse) than Europe’s bloated welfare states. In other words, Bernie Sanders is wrong. But I sometimes feel guilty when making these unflattering comparisons because Europe – at […]

Comments Off on Socialism: A Dreary Failure, Malignantly Evil, or Both?

INTERNATIONAL LIBERTY – When trying to convince someone about the downsides of socialism, I generally make a practical argument. I point out that socialism has universally failed, whether looking at totalitarian versions in places such as North Korea and Cuba or democratic versions in places such as Venezuela and Greece. Simply stated, the particular strain […]

Comments Off on A Deceptive and Inaccurate Call for Higher Taxes

INTERNATIONAL LIBERTY – Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future problem. The bad news is that their analysis is sloppy, […]

Comments Off on Good News on Unemployment, but So-So News on Jobs and Dependency

INTERNATIONAL LIBERTY – There is a lot of good news about the job market in America. The official unemployment rate, released just yesterday, is down to 4.1 percent, which is the lowest its been since the end of the Clinton years. Even more impressive, the number of people getting unemployment benefits (i.e., getting paid not […]

Comments Off on Trump’s Failing Grade on Trade Threatens His Overall GPA on Economic Policy

INTERNATIONAL LIBERTY – I explained last month that the World Trade Organization’s dispute-resolution mechanism is the best way of discouraging China from short-sighted mercantilist and cronyist trade policies. The Trump Administration, though, thinks that the best response to bad Chinese trade policy is to adopt bad American trade policy. In this interview, I fret that […]

Comments Off on Three Great Moments in Regulation

INTERNATIONAL LIBERTY – As a policy wonk, I mostly care about the overall impact of government on prosperity. So when I think about the effect of red tape, I’m drawn to big-pictures assessments of the regulatory burden. Here are a few relevant numbers that get my juices flowing. Americans spend 8.8 billion hours every year filling out […]