Should I Keep Fighting the Ex-Im Bank or Give Up?

– January 26, 2020

This week, I was invited to testify before the Board of Advisors of The United States Export-Import Bank (EXIM). Whatever their reasons, I commend them for having me for a stimulating conversation.  As many of you know, I have been and remain an a …

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A Swollen River of Indebtedness

– January 7, 2020

The first book that Nobel-laureate economist James Buchanan wrote is titled Public Principles of Public Debt. Published in 1958, at the zenith of Keynesianism’s ascendancy among economists, this book exposed the elementary Keynesian fallacy that fueled …

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One Point Four Trillion Dollars

– December 21, 2019

Future taxpayers will be getting lumps of coal for many Christmases to come. 

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Government Spending is the Real Tax

– October 29, 2019

If budgetary rules themselves are the products of the same political pressures and election dynamics that lead to growing debt and deficits, how can we get politicians to adopt strict and binding rules in the first place?

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Drain the Swamp but Spread the Stench

– October 25, 2019

If we must continue to suffer the existence of a large administrative state, it would only be “democratic” to ensure that every American has a chance to serve in it.

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If You Can’t Abolish the Ex-Im Bank, Reform It at Least

– September 23, 2019

The Ex-Im Bank is a mercantilist New Deal–era agency that extends financial products to foreign companies so they will buy American products. It is one of the quintessential examples of cronyism.

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Student Loan Shock

More Aid to Education Will Not Make It More Affordable

– September 13, 2019

Far from improving college affordability, the empirical evidence reveals that federal student aid does not do much to make college more affordable and might actually be increasing costs.

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Andrew Yang’s Examples of Successful UBI are Privately Provided

– September 12, 2019

Government has an uncanny way of taking a good practice in the private sector and ruining in.

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shellgame

Payroll Tax Cut Won’t Stimulate the Economy

– August 30, 2019

A payroll tax cut will not stimulate the economy. A better path is to stop the trade war and lift all the tariffs.

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chickenegg

Is It True That the Government Can Spend Before Taxing?

– August 30, 2019

Whether the renegade claim is true depends on how you choose to define the word “government.”

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declinefall

The Decline and Fall of Fiscal Conservatism

– August 26, 2019

Deficits are future taxes.

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pensionfund

The Pension Fund Apocalypse

– July 26, 2019

The pension funding deficit of OECD countries could be twice the size of global GDP within a decade.

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