Articles
Is Workers’ Compensation Keeping Pace?
Use the proper benchmark to explore questions of what’s fair.
November 10, 2026
Published October 26, 2021
After the Great Recession, lawmakers passed the Dodd-Frank Act, designed to help avoid future bank bailouts. But in practice, it granted the government immense discretionary power to bail out and regulate Wall Street firms and the wider economy. That opened the doors for crony capitalism and put undue power in the hands of regulators and special interests.
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Limiting Federal Spending Growth to Balance the Budget
Many think that balancing the federal budget would require deep cuts in entitlement programs. This paper shows to the contrary that the budget can be balanced within 15 years through modest and sustained federal spending restraint and moderately higher economic growth. Key to this restraint is to limit the growth in the average future value of entitlement benefits per recipient to today’s level, after adjusting for inflation and rising healthcare costs.
November 10, 2026
Articles
Brazil Finances
Many correspondents have sent me views of Brazil’s fiscal situation. Some quotes follow. (Anonymous. On the one hand, credit where it is due. On the other hand, these are personal emails which I didn’t check for permission to forward, and I don’t want to out people for corresponding with me! I also didn’t check any numbers.)
November 7, 2026