Fergus Hodgson

Posts by Fergus Hodgson (page 2)

  • Cuando es preferible no verse en el espejo

    La Conexión, gracias por publicar mi artículo. El lamentable estado de la libertad en los Estados Unidos A veces la verdad es dolorosa, y no se la debe ocultar. El último ranking Libertad Económica del Mundo 2012, que clasifica a 144 países, constituye algo momentáneo para quienes apreciamos la libertad en Estados Unidos. Después de haber alcanzado el segundo puesto en la clasificación en 2000, detrás de Hong Kong, Estados Unidos ha caído al décimo-octavo lugar en el último reporte (basado en datos de 2010, los más recientes disponibles). En sólo diez años, países europeos supuestamente sobregobernados como  Dinamarca, Finlandia, y hasta el Reino Unido han superado a los Estados Unidos. Incluso lo han hecho países como Canadá, Chile y la antigua república soviética, Estonia. Según los autores del reporte del Instituto Fraser, "Estados Unidos ha llegado a un punto en el que incluso ligeros descensos, inducirán en grandes cambios en la ubicación en el ranking ya que hay muchos países alrededor de este rango." En realidad, a juzgar por la trayectoria de los diez últimos años, Estados Unidos estará debajo puesto 30, tras Perú, a la par de España y Panamá, cuando los datos de 2012 estén disponibles.
    Fergus Hodgson, October 11, 2012
  • Charlotte Talks features National Debt Relief Amendment

    The NPR affiliate in Charlotte, WFAE, invited State Senator Curtis Olafson (R-North Dakota) and me onto their show yesterday. We examined the urgency of the federal government’s fiscal situation and the opportunity to utilize a state-initiated amendments convention for the purpose of passing the National Debt Relief Amendment.
    Fergus Hodgson, October 5, 2012
  • If you want more of something, subsidize it. Otherwise, reject it (a pension bailout) while you still can

    Before the idea gains traction, those who take fiscal responsibility seriously ought to clarify why a federal bailout of state pensions is a terrible idea. For starters, it would reward and promote fiscal malfeasance at the expense of states with relatively prudent pension management. Thankfully, ALEC and the Illinois Policy…
    Fergus Hodgson, October 3, 2012
  • “Political intelligence”: The growth industry in D.C.

    In this interview, Peter Schweizer, author of Throw Them All Out, reveals how deep corruption goes within the political process, specifically with targeted investing by insiders. It has grown to such a degree that he now describes “political intelligence” as a big growth industry. That’s when insiders receive…
    Fergus Hodgson, September 26, 2012
  • Fraser Institute explanation: The declining economic freedom of the United States

    This is an extract from Chapter 1 of the Economic Freedom of the World 2012 Annual Report. It seeks to explain what may have many people scratching their heads—how the United States has fallen so far relative to other nations in terms of freedom. The added emphasis is mine, and if you'd like to read my own discussion of the results, please see my latest Fiscal Insight newsletter, "When You'd Rather Not Look in the Mirror: The sorry state of freedom in the United States." The United States, long considered the standard bearer for economic freedom among large industrial nations, has experienced a remarkable plunge in economic freedom during the past decade. From 1980 to 2000, the United States was generally rated the third freest economy in the world, ranking behind only Hong Kong and Singapore. After increasing steadily during the period from 1980 to 2000, the chain-linked EFW rating of the United States fell from 8.65 in 2000 to 8.21 in 2005 and 7.70 in 2010. The chain-linked ranking of the United States has fallen precipitously from second in 2000 to eighth in 2005 and 19th in 2010 (unadjusted ranking of 18th). By 2009, the United States had fallen behind Switzerland, Canada, Australia, Chile, and Mauritius, countries that chose not to follow the path of massive growth in government financed by borrowing that is now the most prominent characteristic of US fiscal policy.
    Fergus Hodgson, September 25, 2012
  • Peter Schiff has more patience than me

    The economic revisionism and sloppy thinking he has to address in this review of Occupy Wall Street is painful. Kudos to him for fighting it out. http://www.youtube.com/watch?v=8HgYMFhm0hw&feature=youtu.be For my own thoughts on the OWS, please consider reading my Fiscal Insight on the matter.
    Fergus Hodgson, September 25, 2012
  • Forget $16 trillion. The fiscal gap is beyond $200 trillion.

    Larry Kotlikoff, a specialist in generational accounting, recently elucidated the severity of the United States’ federal fiscal gap of $222 trillion with Yahoo Finance. While I do not endorse all of his solutions, an accurate assessment of the situations compels serious action. Incremental tinkering will be useless in the face…
    Fergus Hodgson, September 24, 2012
  • Howard Dean and John Stossel debate at UNC: the proper role of government in a free society

    Video streaming by Ustream…
    Fergus Hodgson, September 20, 2012