What if the United States were really and truly a low-tax country whereby legislators, bound and dedicated to the Founders’ deep skepticism about government, made it their legislative aim to severely…
For an economy to grow, it’s necessary that capital reaches its highest perceived use as quickly as possible. From this seemingly trite statement of the obvious we can conclude that information…
The burden of government consumption is now, and frequently felt in gruesome, heartbreaking ways right now. The debt burden left behind to the sainted grandchildren is easy compared to what we’re…
An insatiable American work ethic is what attracts immigrants to the United States. So, when Americans lament the arrival of would-be workers, they’re in a very real sense yelling at themselves. Work…
The retirement outlook grows better by the day. That’s because we’re living much longer right as wealth inequality is poised to skyrocket. It’s a brilliant combination. For background, Wall Street…
Ben Sasse couldn’t care less where a cure comes from, he just wants to survive. Sasse didn’t tell me that, and he didn’t need to. His desire to live is all over his face, literally and figuratively.…
Market prices are arrived at through infinite decisions and actions taking place every millisecond of every day around the world. Capitalism is happily too fast for politicians and policy scholars…
U.S. workers are – by far – the most taxed workers in the world. Evidence supporting the previous claim can be found in $39 trillion worth of federal debt. Yet not everyone agrees. A recent report by…
“The U.S. has destroyed most of Iran’s navy and neutered what remains of it. Its air defenses no longer exist. Some large part of its ballistic missiles have been used, destroyed or damaged.” That’s…
Arthur Laffer has long explained the genius of trade through the horrors of incurable forms of cancer. Considering, for instance, pancreatic cancer, Laffer asks rapt listeners if they would refuse a…
The launch of Fox News remains one of the great free market stories of modern times. While conservatives had long expressed frustration with the left-wing bias that defined traditional media, Fox…
Economic thought with any pretense of seriousness is all about removing all barriers to production. No doubt taxes are a barrier, as are regulations, tariffs, currency devaluation, and government…
Balancing the budget will never, ever shrink the federal government opposite what the experts at Cato, Mercatus, and other right-of-center think tanks tell you. The reason why can yet again be found…
Filling up your car is a big deal. George Gilder has made the crucial point that all the inputs for cars and gasoline are as old as the earth, but that cars and fuel only reached mankind for a tiny…
As the illness of the late Cato Institute co-founder Ed Crane escalated, and with it Crane’s pessimism about how much time he had left, I would tell him he had to stick around lest the members of our…
War symbolizes economic decline like nothing else precisely because it’s defined by the extermination of the very people who create all the growth. The sad fact that economists near unanimously…
My friend Michael Toth, director of research at the Civitas Institute, could perhaps be persuaded that he’s incorrect about capital gains taxes. While he’s correct that the long-term tax on capital…
What’s your limit on a typical credit card in your wallet? And if your borrowing limit is higher today than it was when you turned twenty-one, ask yourself why. To say you can borrow more today…
Immigrants, particularly immigrants from what President Trump has described as “Sthole Countries,” are rejecting those “Stholes.” That’s why they’re immigrants. Yet it’s long been the norm to assume…
The Parkview Letter
Read John Tamny in your inbox
John Tamny’s latest essays on the economy and public policy, delivered by email.