The Western World’s Second-Most Depressing Chart

International Liberty

Last week, I shared very grim data, going all the way back to 1880, on the growth of the welfare state.

I even claimed that the accompanying graph was the “western world’s most depressing chart” because it showed the dramatic increase in the burden of government spending for redistribution programs.

And I didn’t even mention that the numbers likely will get even worse because of changing demographics.

Now it’s time for the western world’s second-most depressing chart. Like the first chart, the data for this second chart comes from “Our world in data,” only this time it shows the relentless and astounding (in a depressing way) expansion in tax burdens starting in 1868. It only shows four countries, but other western nations would show the same pattern.

What isn’t shown in this chart is that the tax burden used to be reasonable because governments generally did not…

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The United Nations Disseminates Absurd Lies about Poverty in America

International Liberty

When writing about the statist agenda of international bureaucracies, I generally focus my attention on the International Monetary Fund and the Organization for Economic Cooperation and Development.

Today, let’s give some attention to the United Nations.

Based on this story from the Washington Post, the bureaucrats at the UN have concluded that America is a miserable and awful nation.

…a new United Nations report that examines entrenched poverty in the United States…calls the number of children living in poverty “shockingly high.” …the report, written by U.N. special rapporteur on extreme poverty and human rights Philip Alston, says the United States tops the developed world with the highest rates of youth poverty… The results of the report are not out of line with a number of others…in recent years by different organizations in which the United States has turned up at or near the top on issues such as poverty rates.

But…

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To Protect Non-Profit Donors from Government Persecution, Limit IRS Data Collection

International Liberty

It’s a judgement call, of course, but I think the IRS’s suppression of the Tea Party was the worst of all the Obama-era scandals.

Some people say the green-energy scams like Solyndra should be at the top of the list, but steering taxpayer money to campaign donors was just routine corruption. And the fast-and-furious scandal at the BATF was reprehensible, but did not have systemic impact on society.

Lois Lerner and the other hacks at the IRS, however, did something profoundly worse. They actively used the coercive power of government to suppress political speech.

The bad news is that Lois Lerner didn’t get punished. She’s now enjoying a fat taxpayer-financed pension. And other IRS officials successfully stonewalled with no adverse consequences.

Heck, Republicans actually rewarded the IRS with a bigger budget. And the Trump Administration so far has been AWOL on curtailing IRS abuses.

But that may be about…

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Pope Francis Endorse Slower Growth and More Poverty

International Liberty

I almost feel guilty when I criticize the garbled economic thoughts of Pope Francis. After all, he was influenced by Peronist ideology as a youngster, so he was probably a lost cause from the beginning.

Moreover, Walter Williams and Thomas Sowell have already dissected his irrational ramblings on economics and explained that free markets are better for the poor. Especially when compared to government dependency.

But since Pope Francis just attacked tax havens, and I consider myself the world’s foremost defender of these low-tax jurisdictions, I can’t resist adding my two cents. Here’s what the Wall Street Journal just reported about the Pope’s ideological opposition to market-friendly tax systems.

The Vatican denounced the use of offshore tax havens… The document, which was released jointly by the Vatican’s offices for Catholic doctrine and social justice, echoed past warnings by Pope Francis over the dangers of unbridled capitalism. …The teaching document, which was personally approved by…

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Economic Lessons from the Nordic Countries

International Liberty

Folks on the left sometimes act as if the Nordic nations somehow prove that big government isn’t an impediment to prosperity.

As I’ve pointed out before, they obviously don’t spend much time looking at the data.

So let’s give them a reminder. Here are the rankings from Economic Freedom of the World. I’ve inserted red arrows to draw attention to the Nordic nations. As you can see, every single one of them is in the top quartile, meaning that they aren’t big-government jurisdictions by world standards.

Moreover, Finland ranks above the United States. Denmark is higher than Estonia, which is often cited a free-market success story. And all of them rank ahead of Slovakia, which also is known for pro-growth reforms.

To be sure, this doesn’t mean the Nordic nations are libertarian paradises. Far from it.

Government is far too big in those countries, just as it is…

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Ranking Nations for Economic and Personal Liberty

International Liberty

Last September, Economic Freedom of the World was released, which was sort of like Christmas for wonks who follow international economic policy.

I eagerly combed through that report, which (predictably) had Hong Kong and Singapore as the top two jurisdictions. I was glad to see that the United States climbed to #11.

The good news is that America had dropped as low as #18, so we’ve been improving the past few years.

The bad news is that the U.S. used to be a top-5 country in the 1980s and 1990s.

But let’s set aside America’s economic ranking and deal with a different question. I’m frequently asked why European nations with big welfare states still seem like nice places.

My answer is that they are nice places. Yes, they get terrible scores on fiscal policy, but they tend to be very pro-market in areas like trade, monetary…

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Happy Free-Market Thanksgiving

International Liberty

The biggest Thanksgiving tradition in America is a turkey dinner.

Some people also have a secondary tradition of watching football. But libertarians can be a bit quirky, so my secondary tradition has been to periodically share (in 2010, in 2013, and in 2016) a video from Reason about how property rights saved the Pilgrims.

But I don’t like being overly repetitive, so I’m thankful that Reason has a new Thanksgiving video. Narrated by John Stossel, it tells the story of the first Thanksgiving, augmented by a modern example of why communal property creates bad incentives.

And here’s another video with a Thanksgiving theme.

It’s from Prager University and it uses the colonial experience to teach about the failures of mercantilism and collectivism.

It’s no exaggeration to say that capitalism was a life-saver for the Pilgrims.

And it’s a money-saver for us in the modern era, as…

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