Tax Competition

Tax competition is a term you are going to be hearing a lot in the next few years. Low taxes create growth and prosperity; high taxes strangle it. Governments that take a larger share of their nations wealth cause businesses to fail, citizens to become unemployed, and economics to shrink.  Governments that take a smaller …

The Democratic Peace

Many Americans, on both the left and the right, are questioning the value of democracy. The left opposed America’s attempts to export democracy to Afghanistan and Iraq. The right looks at the election of Barack Obama and wonders if perhaps American voters are no longer capable of making informed voting decisions. Historically, both groups can …