Taxes and Spending

About half of the states pay for government spending in the other half.

My neighbor Sam is deeply in debt. But, he tells me that he owes all that money "to himself," so he thinks it's not a problem. I think he's in deeper trouble than he thinks.

Municipal waterworks are government-run and government-owned, and generally an extension of local governments. But, bizarrely, when something goes wrong, it's somehow the fault of the private marketplace.

The 20th century was the progressive century, marked by the rise of war and socialism as entrenched features of American life. But perhaps the most lasting effects will be felt in the entitlement mindset woven into the American psyche via decades of successful incrementalism.

When used properly, and when restrained by the prevalence of a relatively laissez-faire ideology, democracy can indeed work as a brake on government power.

American history is a story of non-stop efforts by governments to intervene in the marketplace through regulations, monopolies, and subsidies. Most surprisingly, these market interventions appear to place a central role in causing economic crises over the years.

Secretary of the Treasury, Jack Lew, released the government's audited financial statement and it make Bernie Madoff's books look like Warren Buffet's financial statements!

Cesar Chavez wanted immigration controls to hep him prop up union-labor wages.

Some NATO members are hinting that they're not really willing to fight wars for the sake of other NATO members. 

It’s laudable when we give gifts that are truly ours to give. This should not be confused with giving away the property of others. In either case, if we want more wealth to give away, we have to produce wealth first.