One hopes that the dictator of North Korea suffered greatly before he died. After all, his totalitarian and communist (pardon the redundancy) policies caused untold death and misery. But let’s try to learn an economics lesson. In a previous post, I compared long-term growth in Hong Kong and Argentina to show the difference between capitalism [...]
Archive for December 19th, 2011
The Brutal Impact of North Korean Statism
Posted in Big Government, Economics, Government Thuggery, North Korea, South Korea, Statism, tagged Economic growth, North Korea, Prosperity, South Korea, Statism on December 19, 2011 | 4 Comments »
Federal Court Ruling Ignores the Constitution and Gives More Power to the IRS
Posted in Constitution, Financial Privacy, Government Thuggery, IRS, Taxation, tagged Civil Liberties, Constitution, Government Thuggery, Internal Revenue Service, Privacy, Taxation on December 19, 2011 | 15 Comments »
The tax code is punitive and corrupt, but the economic damage caused by a bad revenue system is just part of the problem. Thanks to a punitive “worldwide” approach to taxation, we have needless conflicts with other nations, leading the United States to side with high-tax governments and persecute low-tax nations. But the impact on [...]
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