Topic: Fiscal Policy

Economic Education, Fiscal Policy, Government, Taxation

Time is on Government’s Side

– December 20, 2023

“Politicians get the credit for creating the program, but bear only a small part of the cost of paying for it, leaving the vast majority of the costs to future generations.” ~Gary M. Galles

Classical Liberalism, Education, Fiscal Policy, Taxation

New Hampshire’s Lesson for America

– December 11, 2023

“an ounce of prevention is worth a pound of cure: Never give government tools it will be tempted to abuse in the first place.

Fiscal Policy, Free Trade, International, War and Peace

Is China America’s Biggest Threat?

– December 10, 2023

“Now is not the time to allocate excessive resources to confront external foes, but to address the fundamental issue plaguing us: a government that refuses to rein in spending of taxpayer money.” ~Vance Ginn

Crisis, Fiscal Policy, Taxation

Why Not Do Something Before Social Security Runs Out of Money?

– December 8, 2023

“Any move toward improved fiscal responsibility and sustainability will be attacked as unfair. But every option is now unfair.” ~Gary M. Galles

Environmentalism, Fiscal Policy, Regulation, Technology

Let the Market, Not Government, Decide the Fate of EVs

– December 3, 2023

“Both for equity and economic efficiency, government inducements to hasten the number of EVs or charging stations are a bad idea. Governments can better spend taxpayers’ monies. EVs have a promising future.” ~Kenneth W. Costello

Art and Culture, Economic History, Fiscal Policy, Property Rights

What Might Have Been

– December 3, 2023

“Wasteful uses of resources necessarily result in some economic opportunities that are possible being rendered impossible. What were these foregone opportunities?” ~Donald J. Boudreaux

Economic Growth, Fiscal Policy, Government

Even More Ways to Cook The Benefit-Cost Analysis Books

– December 2, 2023

“In disciplining our thinking to make better decisions, benefit-cost analysis also teaches those determined to mislead others how to do that better. Knowing how to do it ‘right’ also provides a template for how to be wrong in the desired direction.” ~Gary M. Galles

Education, Fiscal Policy, Government

Revisiting the Argument that Government is Too Small

– November 26, 2023

“A balanced rebuttal to false and misleading claims will tend to be ineffective at reaching voters, which in turn makes deceptive political advertising more successful, over-expanding government.” ~Gary M. Galles

Education, Fiscal Policy, Taxation

Politicians’ Job Training and College Sales Pitch is Snake Oil

– November 25, 2023

“Are job training programs actually providing useful training to the people affected by foreign trade? Don’t ask lawmakers. They’d prefer that people give them credit for the intent and ignore questions about outcomes.” ~James M. Hohman

Fiscal Policy, International, Monetary Policy, Socialism

Dollarization without Fiscal Prudence Is Not Possible. With Fiscal Prudence, It’s not Necessary.

– November 22, 2023

“Argentinean problems are first political, then fiscal, and then monetary, and they need to be solved in the same order.” ~Leonidas Zelmanovitz

Economic Growth, Fiscal Policy, Taxation

Universal Basic Income? Universal High Income?

– November 18, 2023

“Where would the money come from, existing program cuts, higher existing taxes, new taxes, and/or new money creation? Would a UBI simply displace the current hodge-podge of income transfers or add yet another layer?” ~Robert E. Wright

Fiscal Policy, Healthcare, Regulation

Junk Insurance

– October 23, 2023

“Obamacare offerings are often inferior to those available in the short-term market, even with huge taxpayer subsidies and transfers from the real suckers who are forced to overpay for their care.” ~Gary M. Galles