Back in July I wrote about the global socialist rebound, part of which involves the emergence of post-Chavez Venezuela. The new president, Nicolas Maduro, has doubled down on socialism and its fatally bad economic model, where daily life is dictated by shortages of everything from bread to electricity. Last year Maduro dictated "fair" pricing on el...

As I explained last week, the American economy is pulling ahead of Europe. One reason is that our welfare state, big and burdensome as it is, is not yet big enough to bring the private sector to a grinding halt. That does not mean we will never pay the price for a growing government. If we continue expanding our welfare state, we will eventually be...

The issue of legalized marijuana is slowly carving out a spot for itself on the Wyoming political scene. In January the National Organization for Reform of Marijuana Laws, seductively abbreviated NORML, submitted a proposal for a 2016 ballot initiative in Wyoming, seeking to: make it legal for anyone 21 or older to use marijuana;allow medical use a...

There are many myths regarding public policy. Those myths are particularly prevalent among people who purport to do economic research. One of those myths says that when you study Wyoming taxes you have to remove severance taxes from the equation because Wyoming is so exceptionally dependent on those; severance taxes, it is said, make Wyoming look l...