Articles
Is Workers’ Compensation Keeping Pace?
Use the proper benchmark to explore questions of what’s fair.
November 10, 2026
Published: October 30, 2018
There are often economic, health, safety, environmental, and other benefits that justify regulation. But it is important to keep in mind that many of them create a drag on the economy by imposing costs or stifling innovation and competition. Once implemented, we need to track their impact and periodically reevaluate them. An ongoing goal should be to achieve the original goals at a lower cost.
Discussion Questions
- What is the purpose of government regulation?
- What are the effects of government regulation?
- How much regulation should there be?
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Essays
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