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TweetMy Mercatus Center colleagues Veronique de Rugy and Jack Salmon reveal some of the costs of a marginal income-tax rate of 70 percent. Charles Lane explains reality to AOC, Ed Markey, and other...
View ArticleEnough Already with Envying those Who are Monetarily Relatively Rich
TweetIn my latest column for the Pittsburgh Tribune-Review I make the case for greater recognition of the reality that observed differences in income reflect – to a degree unappreciated in the popular...
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TweetDavid Bernstein – a GMU colleague from over in the Scalia law school – writes wisely about presidential assertions of power, such as Trump absurdly declaring a ‘national emergency’ in order to get...
View ArticleWealth Itself Is a Process, Not a Hoard of Stuff
TweetThis is a letter to the socialist girlfriend of Cafe Hayek patron Rob Stockton, who has met with no success in persuading his girlfriend to abandon her socialist beliefs – but at least he’s gotten...
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TweetSMU economist Michael Davis writes wisely about taxation and ‘redistribution.‘ Kenneth Rogoff is correct about ‘modern monetary theory’: it “is just nuts.” Also just nuts, of course, is the Green...
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Quotation of the Day…
Tweet… is from page 283 of the late Richard Pipes’s excellent 1999 book, Property and Freedom: The main threat to freedom today comes not from tyranny but from equality – equality defined as identity...
View ArticleWealth Isn’t a Blob of Consumable Stuff
TweetHere’s a follow-up letter to Ms. Leah Grant, a young self-described “proud socialist”: Ms. Grant: I’m sorry that you found my response to your first e-mail “offensive.” In your latest e-mail you...
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TweetAlex Nowrasteh and Andrew Forrester report that, contrary to popular hysterical myths, sanctuary cities in Florida do not have higher rates of crime. Alex Nowrasteh also responds to criticisms by...
View ArticleJack’s Major Is Not Economics
TweetIn my most-recent column at the Pittsburgh Tribune-Review I recount a not-entirely-satisfying conversation with a young socialist. A slice: I asked Jack for a specific example of an injustice in...
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TweetYay! My colleague Bryan Caplan’s graphic novel (done with artist Zach Weinersmith) – Open Borders: The Science and Ethics of Immigration – will soon be available. Boston Globe columnist Jeff...
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Quotation of the Day…
Tweet… is from page 44 of Tyler Cowen’s just-released (2019) book, Big Business: A Love Letter to an American Anti-Hero: It’s not a popular thing to say, but one reason CEO pay has gone up so much is...
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TweetPeter Earle explains that socialism will never carry the day. Dan Mitchell is correct that Venezuela is an example of the nightmare that is statism. Allan Golombek is right that Trump is wrong...
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TweetJeffrey Tucker has a theory for why so many intellectuals are socialists. How to get fired at Duke University (gated). The Trump administration finally is admitting that trade wars are not “easy...
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Quotation of the Day…
Tweet… is from page 115 of the 2019 Mercatus Center edition of my GMU Econ colleague Richard Wagner’s excellent 1989 book, To Promote the General Welfare: Most low-wage jobs are initial and not...
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TweetI have recently linked to posts inspired by Jeffrey Clemens’s recent and superb new guide to research on the consequences of minimum wages, but I’ve yet to link directly to Jeff’s study. Here it...
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TweetMy intrepid Mercatus Center colleague Veronique de Rugy finds incredible the credulity of people – including those in the Trump administration – who support a new government diktat forcing...
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Quotation of the Day…
Tweet… is from page 28 of George Will’s newly published 2019 book, The Conservative Sensibility (original emphasis; footnote deleted; link added): The voluntary interactions of individuals in what we...
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TweetMy GMU Econ colleague Pete Boettke wonders why we Americans are so accepting of what has become a permanent state of war. A slice: For the first time in US history it has been reported in military...
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Quotation of the Day…
Tweet… is from page 95 of George Will’s newly published 2019 book, The Conservative Sensibility: It is the distinction between the public and the private spheres of life. On this distinction, freedom...
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Quotation of the Day…
Tweet… is from page 233 of George Will’s 2019 book, The Conservative Sensibility: Commerce always results in inequalities of outcome, and always should result in unequal rewards because different...
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