Monty Pelerin's World

  Government is 79% of the Economy Welcome to the world of dysfunctional, bloated and insolvent government. CNBC recently reported on delayed income tax refunds: “…  cash-strapped states such as [...]

Image via Wikipedia Investors Business Daily discusses the phony and now possibly criminal “jobs saved” numbers. The Administration pathetically claimed that 640,000 jobs were “saved.” The “jobs saved” concept was [...]

Image via Wikipedia As several other states, New York State is going bankrupt. Tax increases are no longer effective as revenue raisers. They serve only to drive people out of [...]

“If you think health care is expensive now, wait until you see what it costs when it’s free.” P. J O’Rourke After a while one becomes numb to the asinine [...]

Image via Wikipedia “We stand on the brink of a financial challenge of unprecedented magnitude in the history of this state,” he added. “This is a historic moment. We’re going [...]

Image via Wikipedia “If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin” Charles Darwin It is not [...]

Image via Wikipedia Image by Getty Images via Daylife Nearly six months ago, I taught a course entitled “Surviving the Crisis.” While not knowing how this crisis will end (either [...]

The WSJ has its own particular slant. I thought these three editorials today were worthwhile, if only because they all point in one way or another to political incredibility  and/or [...]

James Quinn with another well-researched and provocative post: Congress has done a phenomenal job in taxing, spending and borrowing. Nobody does it better. They should get a Congressional gold medal [...]