The High Cost of Inventing New Drugs--And of Not Inventing Them
The cost of developing new prescription drugs is very expensive—a process made even more expensive than it has to be because of excessive government restrictions and limited patent life. However, not developing new drugs can also be expensive, both in financial and human costs.
How the Food Stamp Program Is Like the U.S. Export-Import Bank
The U.S. Export-Import Bank is one of the best examples of cronyism: we fund other countries to buy our products. Well, that's similar to what we do with the farm bill and the food stamp program.
Want Lower Taxes? You Might Want to Move
If you want lower taxes you have three options...and one might involve a moving truck.
The Prescription Drug Act Works Well, and the President Can't Stand It
In Washington, nothing fails like success and nothing succeeds like failure. Just look at how some elected officials defend the worst health care law and criticize the best.
There's a Huge Downside to Obama's Free Community College Proposal
President Obama's proposal to make community college tuition free (i.e., taxpayer funded) could have a huge, negative financial impact on four-year colleges and universities.
When I Die, Let It Be in Canada--or Mexico, or Better Yet, Israel
The US has the fourth highest estate tax in the world, and Obama would like to expand it. You might try to avoid it by retiring in another country, or by backing a presidential who will eliminate—this time for good.
How Tax Uncertainty Harms Economic Growth: Agricultural Investment and Section 179
Frantic end-of-year passage of tax extenders does not encourage investment as intended. In 2014, investment in agricultural equipment was hampered by tax uncertainty over Section 179. Congress must recognize the need for certainty in tax policy by passing temporary measures earlier in the year, and by implementing overall tax reform that results in a simpler, more stable tax system.
How About a Bold Plan for Reforming Social Security's Disability Program
If we are going to reform the Social Security disability insurance program, let's be bold and privatize it.
Blame Congress, Not TurboTax, for Tax Fraud
Washington has never made fraud prevention a major focus. When fraud arises after its failure to act, the government blames tax preparation software.
Obama Does to Student Loans What He Did to Health Care
President Obama is actively trying to get college students hooked on thousands of dollars in taxpayer-funded loans, only to forgive much of that debt later. That's how you create government dependency, not fiscally responsible citizens.


