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The Best and Worst News of 2016

There was some genuinely good news in 2016, which is more than I can say for 2015 (my “best” development for that year was some polling data, followed by some small-ball tinkering). Though the good news for 2016 was mostly overseas. Here are the four things from around the world that made me happy this […]

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All I Want for Christmas Is…a Spending Cap

What could be more fun than to spend the day before Christmas reading about fiscal policy? I realize there are probably endless ways to answer that question, particularly since normal people are probably more concerned about the rumor that the feds are going to arrest Santa Claus. But America’s fiscal future is very grim, so […]

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A Big Fiscal Victory: Constitutional Spending Caps for Brazil!

The good thing about being a libertarian (above and beyond respecting the rights and liberties of other people) is that you can always say “I told you so” when government intervention leads to bad results. Obamacare is a very good (albeit very painful) example. The bad thing about being a libertarian is that you don’t […]

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Proposed Spending Cap in Brazil Could Be a Key for Economic Recovery and Renaissance

One of the most remarkable developments in the world of fiscal policy is that even left-leaning international bureaucracies are beginning to embrace spending caps as the only effective and successful rule for fiscal policy. The International Monetary Fund is infamous because senior officials relentlessly advocate for tax hikes, but the professional economists at the organization […]

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Brazil’s Rousseff Impeached and Removed from Office: A Case of Partisan Politics?

Dilma Rousseff was impeached and removed from office at the end of August, 2016. The state’s senate voted 61-20 to convict her on charges that she used illegal bookkeeping maneuvers to hid a growing budget deficit.[1]Her defense that she did not enrich herself through public office—that she did not steal public money for her own account—can be regarded as an attempt to deflect the legislators from the existing charges.[2]Only 56 legislators were necessary for a two-thirds majority. Given the problems of hyperinflation and fiscal mismanagement, including a growing public debt, her offenses were “deemed an impeachable crime.”[3]Although Brazil was hardly the only country where the chief executive has sought under political pressure to make a budget deficit look smaller than it actually was, enforcing deterring consequences even just in this case is laudable—while other, partisan motives, detracted from the vote’s legitimacy.

The complete essay is at “Partisan Impeachment in Brazil?”

1. Paulo Trevisani and Reed Johnson, “Brazilian President Rousseff Ousted,” The Wall Street Journal, September 1, 2016.

2. Ibid.

3. Ibid.

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Conservative Comedy Friday – 7/15/16

In the words of John McCain, “Allahu Akbar It’s Friday!” And of course that means it’s time for some conservative comedy. Every Friday we bring you some of the best conservative political and religious comedy, jokes, and satire on the…

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Brazil and Mitchell’s Theorem of Societal Collapse

I remember feeling like an outlier a few years ago when so many people were waxing rhapsodic about a glowing economic outlook for Brazil, Russia, India, China, and South Africa. These so-called BRICS nations were enjoying some decent growth at the time, but I was not optimistic about their long-run prospects because they all suffered […]

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A Potential Human Rights Victory in Brazil Would Be Bad News for Criminals

On Friday, I was asked at a Colorado briefing if I had any good policy news from around the world. I was stumped. Because mostly we’ve seen policy move in the wrong direction. In recent years, we’ve seen a couple of nations repeal their flat tax systems. A few governments also have sabotaged their nations’ […]

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What Happens When Too Many Voters Support Redistribution?

Back in 2010, I shared some wise words from Walter Williams and Theodore Dalrymple about how society can become unstable when people figure they can “vote themselves money.” On a related note, I shared the famous “riding in the wagon” cartoons in 2011 and the “Danish party boat” image in 2014. Both of these posts […]

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Blizzard Medicine: Brazilian wet t-shirt soccer! (Video)

If you are currently facing heavy snow or below 0 degree temperatures, this video of Brazilian women playing soccer in t-shirts and booty shorts may be just what the doctor ordered! H/T Guyism Advertisement Continue reading Blizzard Medicine: Brazilia… . . . → Read More: Blizzard Medicine: Brazilian wet t-shirt soccer! (Video)