Should the government cap CEOs’ salaries?

Ideas have consequences, but they do not have geographical boundaries. The latest example of this truth is UK Labour Party leader Jeremy Corbyn’s proposal that the government impose a maximum annual salary on British residents – an “earnings cap” on how much anyone could earn in any given year. Continue Reading...

Graft and bribery are big government’s byproducts: EU studies

The nation of Spain is prosecuting 37 people – including former officials in the ruling center-Right party – for steering government contracts to their politically connected friends. It will not help the defense that the suspects gave themselves audacious, Godfather-inspired nicknames like Don Vito and “The Little Meatball.” While a disturbing example in itself, a series of studies show that corruption is becoming a growing threat in the EU – and the larger the government, the greater the level of perfidy. Continue Reading...

What are ‘transatlantic’ values?

President Barack Obama and German Chancellor Angela MerkelPresident Barack Obama and German Chancellor Angela Merkel held their last joint press conference as heads of state on Thursday, pressing national leaders – in President Obama’s words – “not to take for granted the importance of the transatlantic alliance.” And they grounded that longstanding partnership on their conception of the bedrock principles that they believe unite North America and the EU. Continue Reading...