James M. Buchanan toiled in the academic trenches for more than half a century, plowing vital new ground that advanced our understanding of the untamed beast that is government (and, by extension, the rascals who grasp at its reins). His passing yesterday should be a solemn occasion for all who value a free and...
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According to the London Evening Standard, Prime Minister David Cameron is planning to announce a referendum to be held after the 2015 general election on Britain’s relationship with the EU. Conservatives hope to negotiate a looser membership in which fewer powers are ceded to Brussels, and hold a referendum on the outcome. In other words, Britain...
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The IRS is my shepherd; I shall live in want. It maketh me to lie down with expensive accountants; it leadeth me to consort with disreputable lawyers. It crusheth my soul; it leadeth me in the paths of avoidance and evasion to preserve my wealth. Yea, as I walk through the valley of the shadow of...
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In my previous blog post and in my book Priceless: Curing the Healthcare Crisis, I make the case for abolishing Medicaid altogether. If this proposal turns out to be too radical for the body politic, my second suggestion is to keep Medicaid in its current form and let everybody enroll in it, regardless of...
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From the Associated Press: At nearly 4 million words, the U.S. tax law is so thick and complicated that businesses and individuals spend more than 6 billion hours a year complying with filing requirements, according to a report Wednesday by an independent government watchdog. That’s the equivalent of 3 million people working full-time, year-round....
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