Tag Archives: wealth confiscation

The Ominous Message in 2 Centuries of Global Public Finances

After our recent article showing the history of non-defense budget balances for large, developed countries, some readers wondered how our results might change with defense spending included. Here’s a new chart showing total budget balances:

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Fonzie or Ponzi? One Theory on the Limits to Government Debt

If you’re part of my generation and watched enough Happy Days back in the day, you know that “the Fonz” had a keen understanding of human nature. And that projecting confidence was a huge part of his alpha male badassness. … Continue reading

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