The United States of Greece

Americans should not get too smug about the troubles in Europe because the Bush-Obama policies of wasteful spending are bringing us down the same path. The latest evidence comes from a well-researched article about personal income in USA Today showing that the share from private paychecks fell to a record low and the share from [...]

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Too Little and Too Late for Europe, Part II

When even the New York Times is writing articles about the collapse of the European welfare state, you know that the political establishment is finally recognizing the writing on the wall. Recognizing a problem and solving a problem, however, are two different things. They need to use an axe on their budgets, but the examples [...]

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Greetings from Montenegro

Different city, different country, but the same speech on the Free Market Road Show. So let’s instead focus on what’s nice about Montenegro. The scenery is pleasant, if you know what I mean, but this nation also has some attractive policies. It has the world’s lowest flat tax, with a rate of just 9 percent [...]

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