News

Recent posts and articles from IGEG fellows, advisers, experts and scholars.

Government Debt, a Real Crisis

“Mankind is doomed!” Headline writers have been writing that headline since the invention of printing — and someday it will come about. For about four decades, that headline has most often been applied to the threat of global warming. Every couple of years, some...

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Destroying Success with Socialism

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…” Charles Dickens wrote those words referring to the era of the French Revolution a little over two centuries ago, but they could equally apply to today....

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When Socialism is Romanticized

Who should pay for your health care? For your education? For your retirement? “Socialism,” we are told by the pollsters, is gaining in popularity at least the romanticized versions of it. It would be a world without poverty where people have everything they need, and...

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The Return of the Tax Bullies

Bully: “A person who uses strength or power to harm or intimidate those who are weaker.” In civilized societies, children are taught not to bully. The “#MeToo” movement has declared war on adult sexual bullies. But there is one area where the bullies have not been...

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Genocide, Slavery, and Immigration

My New Year’s wish for the coming year is for more of my fellow Americans and others to learn some basic history and try to get a grip on reality. Someone who writes for The New York Times under the name of Michelle Alexander wrote a column published last week, “Who...

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A Fool’s Errand

Federal Reserve Chairman Jerome Powell just announced another quarter-point interest rate hike. The markets immediately responded by dropping several hundred points. In his arrogant and smug statement, Mr. Powell told us that the economy needed higher interest rates....

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When the Bureaucracy Goes Too Far

Zurich What do the Paris riots, Brexit, the election of Donald Trump, the dusky gopher frog and Peter Wallison’s new book “Judicial Fortitude” all have in common? They are all signs that the peasants have had it with the bureaucratic state and the smug elitists who...

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Too Little Progress against Death and Taxes

Want to live longer? Your odds improve if you are a rich, well-educated Asian or European woman accountant who engages in moderate exercise. If you are an overweight retired professional football player, your odds of having a shorter than average lifespan are high....

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The Democracy Myth

  Would you prefer to live in a country that has a high degree of individual liberty but is not a democracy, or live in a democracy where individual liberties are curtailed? A major reason for the Brexit move by the U.K. was the feeling among many British that they...

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The Dumb Courtship of Amazon

Would you vote for a politician who promised to both increase traffic congestion and increase your taxes — and yes, I wrote “increase.” For those of us who live in Northern Virginia that is precisely what happened last week, when our state and local government...

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How ‘Death Lobbies’ Flourish

The two biggest causes of death in the 20th century were smallpox and democide. As bizarre as it may seem, there are growing numbers of people who are lobbying to bring back policies that caused so much human misery. Smallpox was finally eradicated in 1980, but not...

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Who Rules You?

All of us are subject to many thousands of federal, state, and local laws and regulations, many of which are needlessly oppressive. Who makes these rules, and who enforces them? And at what point are there so many rules that we are no longer free? James Madison, the...

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