IMF Head Predicts the End of Banking and the Triumph of Cryptocurrency
In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has […]
Daily Archives: 09/30/2017
Your House Does Not Need a New Roof at My Expense
Pardon the pun, but I would like to discuss the subject of “sunk costs” in the context of hurricane-induced flooding. […]
The Real Reason Young People Can’t Get Jobs in Africa
6.8 percent: that was July’s seasonally adjusted unemployment rate for US workers ages 18–44. For those ages 18–24, the rate […]
Give Everyone a Raise through Payroll Tax Cuts
Republicans are just getting started with their effort to reform individual and corporate taxes, but already it is possible to […]
Europe Can Only Afford Its Welfare State by Heavily Taxing the Non-Wealthy
I argued last year that leftists should be nice to rich people because upper-income taxpayers finance the vast majority of the […]
Finns Aren’t Breeding Taxpayers Fast Enough for the State
The world’s best welfare state arguably is Finland. Yes, the burden of government spending is enormous and the tax system […]
Bastiat Is Common Sense Personified
To read mainstream economics reporting regularly is to encounter one blood pressure-raising falsehood after another. Growth is the greatest enemy […]
ICOs Will Not Be Defeated
Absolutely nothing–no amount of regulation, no number of belligerent articles, no plethora of hectoring denunciations by big shots–is going to […]