Wall Street Journal
The Fiscal Union Delusion
Any day now, the leaders of the euro zone will present a grand plan to prevent future fiscal or financial crises from threatening the single…
Wall Street Journal
The Stimulus Delusion
Popular delusions are always debunked, but rarely before they do a lot of harm. The ancient physician Galen believed that bloodletting, the forced removal of…
Wall Street Journal
A Plan to Chill Employment
What are the best two ways to maintain unemployment? First, forbid people from working. Then pay them not to work. Maryland may soon get a…
Wall Street Journal
Occupy 14th Street
Wall Street Journal
Clean Air’s Dirty Residue
A lot has been made of recent court filings in which the Environmental Protection Agency suggested that it needed 230,000 more bureaucrats to regulate…
Wall Street Journal
Stimulus Slows Our Economy
Why does government stimulus spending fail? When considering the success of economic programs, the 19th-century French economist Frederic Bastiat urged us to look at both…