Looking through the freedom index data over time, it can look like a depressing series of new laws and restrictions on people's lives. Now, freedom has increased at the state level on certain issues (local gun bans overturned, sodomy laws overturned, medical marijuana laws passed, eminent domain reforms enacted, same-sex partnerships spreading). But there are … Continue reading How New Technologies Enhance Negative Liberty
Stephen Moore has a depressing piece in today's WSJ. Money quote: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an almost exact reversal of the situation in 1960, when there were 15 million workers in manufacturing and 8.7 … Continue reading Not an April Fools’ Joke…
Harry Truman (if I recall correctly), frustrated with the economic advice he was receiving from the Council of Economic Advisors, asked for a one-armed economist who could not say “one the one hand…on the other.” Ten former CEA heads have issued a joint letter on the long-term budget crisis: Martin N. Baily (Clinton), Martin S. … Continue reading The CEA and the Long-term Fiscal Crisis
As Congress turns attention to regaining rediscovering discovering fiscal responsibility, one would assume that a good place would be eliminating unnecessary duplication of government effort. Last week, the GAO released a study—the first in what will be a statutorily mandated annual exercise—on waste and duplication. In the first part of the report, the GAO has … Continue reading In Search of Government Waste
I am assuming that most readers of this blog have a commitment to freedom of association and, as a result, are quite willing to accept voluntary self-organization of labor via trade unions in the private sector. Management and labor can negotiate over the terms of the labor contract and, if it appears that higher levels … Continue reading Are Public Sector Unions Different?
“Over the past decades we've talked of curtailing government spending so that we can then lower the tax burden. Sometimes we've even taken a run at doing that. But there were always those who told us that taxes couldn't be cut until spending was reduced. Well, you know, we can lecture our children about extravagance … Continue reading Reagan at 100 (continued): Reaganomics
February 6 was the 100th anniversary of Ronald Reagan’s birth. Several commentators have reflected on the Reagan legacy and, as one might suspect, these assessments have been quite divergent. Some thirty years after Reagan’s first inaugural, there remain many on the right and the left who claim that there was something amounting to a Reagan … Continue reading Reagan at 100