The 3 Ways Governments Raise Money Part II: Borrowing

Today I’m continuing my three-part series on how governments finance themselves. The aim is to clear up the popular misconception that the state’s budget is similar to that of a corporation or a household, that government borrowing is always necessarily a bad thing. Previously we talked about taxation–today is all about borrowing.

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Candidate Evaluations: Mike Huckabee

Recently, Mike Huckabee decided to run for president. This means another entry in the Candidate Evaluations series–where we examine a US presidential candidate’s background, policy history, and explicit statements in an attempt to figure out whether the candidate would actually be any good at being president, rather than focusing on electability or likeability, as is common in the mainstream press. There have been quite a few of these, and if the rumor mill holds any truth, there will be quite a few more before the race is over. Previously, we’ve covered:

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13 Terrible Tory Counterarguments

A few days ago, I wrote a post called Britain: For the Love of God, Please Stop David Cameron. I didn’t expect much out of it, because my usual audience is predominately American, and many Americans take little interest in the British elections. So I was pleasantly surprised when it went semi-viral in the UK, quickly becoming the most popular post I have written. Naturally, with a larger audience comes more critical (and sometimes just aggressively hostile) comments, and my usual policy of responding to every critical or interesting comment I receive is increasingly no longer practical. So instead, I’ve decided to write this all-purpose response to the most common bad critiques I’ve seen levied at my post. If you’re one of the wonderful people who read my post and deemed it worth sharing, I hope that this post will help you deal with any Tory supporters you may run across who may try to give you grief about it. So let’s get started.

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Britain: For the Love of God, Please Stop David Cameron

On May 7 (this Thursday), Britain has a general election. I care deeply about British politics–I did my BA over there and will return to do my PhD there this fall. But more importantly, David Cameron’s government has managed the country’s economy with stunning fecklessness, and I couldn’t live with myself if I didn’t do my part to point this out.

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