When Republican presidential candidate Mitt Romney casually estimated that his effective tax rate is around 15 percent, progressives immediately pounced on the issue. To this ideological minority with its Ahab-like obsession on class warfare, a rich American paying an effective tax rate of “only” 15 percent is a scandal of the first order. Yes, this story is a scandal, but not the one that progressives think it is.

The big political question for election year 2012 is: How much change would Republicans want?

Does China have a superior economic model? Ask yourself this: Superior to what?

A barrage of news headlines on the Solyndra scandal continue to remind us that President Obama made green jobs one of his administration’s priorities. Those headlines also reveal this initiative to have been a costly mistake.

It isn’t easy to earn interest income these days. Interest rates on government T-bills, banks’ savings accounts, and certificates of deposit are microscopic. You can blame our government and central bank. They have “ZIRPed” millions of American savers.

Last week, 13 Republicans released a “Pledge to America.” What is most surprising to me is its length. At 21 pages, it was many times the length of the GOP’s hugely successful 1994 “Contract with America.” Why ditch a winning…

A couple of years ago, the terms “too big to fail” and “bailout” were the trendy buzzwords. Currently, the “in” word seems to be “austerity.” On both sides of the Atlantic, public officials and media pundits are debating the need…

It is hard to find anything positive to say about the corporate income (i.e., profits) tax. Economists across the ideological spectrum agree that the corporate profits tax is woefully inefficient:
1) It warps corporate decision making, inducing expenditures made only…

Climategate is thorough, knowledgeable, timely, and very well written. I have been reading about global warming for 20 years, yet this book included important information and details that were new to me.
The title of the book requires clarification. Climategate…

I’m now convinced that the Obama administration is placing its political agenda above policies that would contribute to the economic recovery that millions of Americans so desperately need. That agenda includes bringing more economic activity under government control, making more…