Fiscal Theory
LBJ Would Be Proud
of Bush’s $3 trillion budget for FY 2008, but why is the “conservative” Heritage Foundation praising the president for—are you re
The Fraudulent Tax
The income tax should be repealed, not replaced. The IRS should be gotten rid of, not renamed. Tax reform should reduce taxes, not be revenue neutral. Government theft of the wealth of its citizens should be abolished, not adjusted. The FairTax should be called the Fraudulent Tax.
The Irony of Monetary Policy
What needs to be understood clearly is the mischievous nature of the governmentally sheltered fractional-reserve banking system. In terms of the relative frequency of "boom-bust" cycles, we find ourselves precisely where we were without the "monetary policy".
George W. Bush’s Nixonomics
Gregory Bresiger draws the parallels: an unpopular war, a big-spending Republican president, an economy threatened by price controls.
The Rocky Road of American Taxation
Flat Tax Folly
Steve Forbes's plan for a flat tax seems good, writes Laurence Vance. But there are major problems.
Aren’t Deficits Another Name for Saving? Nope.
Robert Murphy says that linking government deficits to private savings and growth is not merely inaccurate; it is exactly backwards.
Colorado’s “Taxpayer’s Bill of Rights”: A Lesson on How to Limit Government?
Ryan McMaken writes that the Taxpayer’s Bill of Rights amendment to the Colorado has slowed the growth of government.