Less than two months ago, I shared a chart looking at tax burdens on saving and investment in the industrialized world. The nation with the lowest tax burden on capital was Lithuania (unsurprisingly, all of the Baltic countries scored well). The country with the worst tax treatment

Proponents of drug legalization are dealing with good news and bad news. The good news is that there’s been a steady shift in favor of marijuana legalization. The weed is now legal in many states (albeit often over–taxed). The bad news is that there is now

My view on rich people is very simple. I applaud them if they earn their money honestly (through voluntary exchange in a free market economy). And I want more people to become rich in the same way. Especially since the rest of us get richer when they get richer.

As I wrote yesterday, trend lines are important for fiscal policy. If a government complies with Golden Rule over a multi-year period, that’s almost always a recipe for good fiscal outcomes. But if politicians allows the burden of spending to climb faster than the productive sector

Just as trend lines are important for fiscal policy, they are perhaps even more important when looking at economic performance. Even small difference in annual growth rates, for instance, can lead to big changes in prosperity within a couple of decades. And enormous changes over longer periods of time. All

In 2019, the Center for Freedom and Prosperity released this video documenting the benefits of free trade. The case for free trade between nations is the same as the case for free trade between states. Or between cities. Or between households. Economists from the right and

Economists say inflation is the result of bad monetary policy. The Biden White House, however, says inflation is caused by greedy companies. I debunk that nonsensical claim in this excerpt from a recent discussion on Let People Prosper. At the risk of stating the obvious, everything you