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Quotation of the Day…
Tweet… is from page 56 of Michael Strain’s excellent 2020 book, The American Dream Is Not Dead (But Populism Could Kill It): It is hard to know what to make of changes in wealth inequality over time....
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TweetGeorge Will warns of the authoritarianism now being unleashed in California by so-called “Progressives.” A slice: Where will this social sorting end? Proposition 16’s aim is to see that there is...
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Quotation of the Day…
Tweet… is from pages 151-152 of the late, great Wesleyan University economic historian Stanley Lebergott’s insightful 1975 book, Wealth and Want: Two important economic consequences flow from higher...
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TweetIn today’s New York Times, my intrepid Mercatus Center colleague Veronique de Rugy writes sensibly about taxes and the U.S. tax code. A slice: There are many aspirational visions for the tax code....
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TweetHere’s a letter to my incessant correspondent Nolan McKinney: Mr. McKinney : A part of Brink Lindsey’s and Samuel Hammond’s new paper that you find “among the most worrying” – and allege that I,...
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TweetStacey Rudin eloquently exposes the inexplicable superstition that fueled – and that continues to fuel – most of the world’s hysterical reaction to the coronavirus. A slice: Perhaps [Neil]...
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TweetTexas Tech economist Benjamin Powell disagrees with Tyler Cowen’s reasons for dismissing the Great Barrington Declaration. Here’s Elizabeth Nolan Brown on the deranged new lockdowns. A slice: New...
View ArticleSee Beyond the Obvious
TweetHere’s a letter to a college student writing a paper on what he calls “the social justice of wealth redistribution”: Mr. Eden: Thanks for your e-mail. You ask: “Why shouldn’t government tax away...
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TweetArnold Kling writes perceptively and wisely about libertarianism and populism. A slice: People who trust themselves will 1. Prefer to make their own decisions, rather than have “officials” make...
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Quotation of the Day…
Tweet… is from page 34 of my late, great colleague Walter Williams’s remarkable 1982 book, The State Against Blacks (footnote deleted; original emphasis): Legislative bodies have the power to legislate...
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Bonus Quotation of the Day…
Tweet… is from page 205 of the late UCLA economist William Allen’s superb 1989 collection of the transcripts of his radio addresses, The Midnight Economist; specifically, it’s from Allen’s August 1981...
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TweetPlus ça change, plus c’est la même chose – but my intrepid Mercatus Center colleague Veronique de Rugy writes in English. David Simon draws important lessons from falling CO2 emissions. Christian...
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Quotation of the Day…
Tweet… is from page 175 of Tom Palmer’s February 2007 paper “Twenty Myths about Markets,” as this paper is reprinted in Tom’s excellent 2009 book, Realizing Freedom: Free markets tend to be...
View ArticleThomas Sowell on Economic Inequality
TweetIn this discussion from November 2018, the great Thomas Sowell busts myths about economic inequality. The post Thomas Sowell on Economic Inequality appeared first on Cafe Hayek.
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Bonus Quotation of the Day…
Tweet… is from page 22 of the 2009 Revised Edition of Thomas Sowell’s Applied Economics: Thinking Beyond Stage One: Most people in modern industrial societies are called workers or labor. However,...
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TweetVincent Geloso explains that bigger can be better as long as government stays out of the way. David Henderson reminds us of an important point about welfare economics. Matt Welch reports on the...
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TweetJuliette Sellgren’s just-released podcast with Wall Street Journal columnist Jason Riley is superb. George Will writes brilliantly about taxation, cronyism, and the duplicity of the political...
View ArticleScott Winship on the Latest from American Compass
TweetOren Cass’s organization, American Compass, continues to dispense economically uninformed analyses of the American economy, all in an effort to pave the way for Cass and other...
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TweetGMU Econ student Dominic Pino – writing at National Review‘s “The Corner” – calls on the GOP to find the backbone necessary to oppose wasteful spending on infrastructure. A slice: We know what...
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TweetGMU Econ alum Dan Mitchell reminds us that “by historical standards, today’s Americans are fantastically wealthy.” My intrepid Mercatus Center colleague Veronique de Rugy talks with Emily...
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