Politicians and bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else..

You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be….

We want to limit the exploitation of the fiscal capacity of the richer regions by keeping down the rate of immigration to a level that would be meani….

You have to have a government to provide you with legal order, with stability, enforcement of property rights, enforcement of contracts, definition o….

Building on the public's unwillingness to act on principle in support of market solutions to apparent problems, whether real or imagined, these inter….

I think the world has changed dramatically since September 11th. It should force us to recognize that we are going to have to defend the free institu….

If you are going to spend for one group, you have to spend the same for every group, just like if you tax one group you have to tax everybody. You ha….

Imagine that Queen Elizabeth I, in her time, had the opportunity to give out a monopoly for playing cards within the kingdom. She knew she was going ….

The assumption that we can keep societies open and free to everybody is going to have to stop. We are going to have to recognize that some people sim….

We try to prevent the creation of artificial rents. Rather than setting up quotas to stop imports we levy a tariff, that would be better. Or we pay w….

Clearly, I am not an anarchist. Philosophically, I might be, but I think in practical terms..

Politically, sometimes you get situations where rent control will go through. It is especially true in an emergency, where there is a sudden, sharp i….

I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal governmen….

People share a universal behavioural trait: if there are profits to be made, the effort to get that money will attract investment. This is true in th….

Rent control is one policy that economists universally would oppose. It is a grossly inefficient way of allocating housing space and, of course, it i….

If politicians get money to spend and don't have to be responsible for taxation, then of course that will bias their attitude toward more spending as….

Politics is a romantic search for the good and the true and the beautiful..

Once you have an equalization instrument in place, as you have in Canada, there arise tremendous bureaucratic values - bureaucratic rent so to speak ….

If you have an area where high-income receivers concentrate, you have a higher fiscal capacity. That fiscal capacity is a valuable resource and will ….

Liberals have lost the soul. We haven't recognized the necessity of defending our own system at the level of ideas. We have to get people to treat th….

How would the US be different today if people coming off the boat were greeted with a welfare check instead of a shovel?.