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Austerity vs. stimulus

Austerity vs. stimulus

By Alex Tokarev
Posted

Economy | The rise of social democratic ideas in Western Europe after World War II made hundreds of millions of people overly dependent on their governments' good will…

Tax reform now!

Tax reform now!

By Alex Tokarev
Posted

Government | Oliver Wendell Holmes, an associate justice of the U.S. Supreme Court, believed that "taxes are what we pay for civilized society." The guy lived at a time…

Legalized plunder

Legalized plunder

By Alex Tokarev
Posted

Government | "Wherever a discretionary power is lodged in any set of men over the property of their neighbors, they will abuse it … and assessors will ever be a set of…

Do we really need Obama's $50 light bulb?

Do we really need Obama's $50 light bulb?

By Alex Tokarev
Posted

Economy | One of the most abused economic ideas in American politics is the concept of "externalities." There are undeniable positive spillovers in education. When I…

From fiscal policy to armed robbery

From fiscal policy to armed robbery

By Alex Tokarev
Posted

Economy | While the president and his sympathizers in the media are trying to convince us that we can close the gap between federal receipts and outlays by increasing…

How to fix a broken government

How to fix a broken government

By Alex Tokarev
Posted

Government | Remember how Rick Perry's chances in the GOP race faltered after he could not remember the name of one of the three federal agencies he wanted to eliminate.

Religion in politics

Religion in politics

By Alex Tokarev
Posted

Campaign 2012 | The late Dr. D. James Kennedy was approached once by a fellow believer who questioned the pastor's call for Christians to enter government and transform…

How to lower gasoline prices (and fix everything else)

How to lower gasoline prices (and fix everything else)

By Alex Tokarev
Posted

Economy | "The recent rise in gasoline prices around the country is yet another example of why democratic control over the commanding heights of the economy is the only…

Keynesian ideas come home to roost

Keynesian ideas come home to roost

By Alex Tokarev
Posted

Economy | During the last four years we witnessed the return of free lunch economics with easily predictable results. In early 2008 President Bush threw a Hail Mary…

Larry Boy and the bad invention

Larry Boy and the bad invention

By Alex Tokarev
Posted

Economy | There was a busy little town called Bumblyburg. One day Mayor Blueberry received a phone call from Larry the Cucumber who claimed to have come up with an…

In support of child labor

In support of child labor

By Alex Tokarev
Posted

Economy | A WORLDmag.com commenter called me "one of the most ardent defenders of sweatshop labor." Yes, I am. I am proud of it. I'll tell you something more-I also…

Outsourcing: Race to the bottom?

Outsourcing: Race to the bottom?

By Alex Tokarev
Posted

Economy | We all know that free trade forces our capitalists to outsource and exploit the poorest countries in the world. It leads to a "race to the bottom" in wages,

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