Everything you need to know about wealth taxation can be summarized in two sentences. The biggest problem with most tax systems is the pervasive tax bias against income that is saved and invested, which discourages the accumulation of capital that helps to finance future growth. Wealth taxes would dramatically increase the tax bias against saving […]
Why leave a tip? You have already received whatever food or service you are going to receive. Maybe if you are a very regular customer, tipping could lead to better service in the future. But most people who leave tips do so even if they are stopping off at, say, a restaurant in a city…
by Javier Vinós Part I of a three part series. The Sun is a variable star and the amount of energy it emits varies from month to month, year to year, and century to century. One of the manifestations of these variations are sunspots, which are more common when the Sun is more active and…
The most important election of 2023 took place in Argentina, where that nation’s voters elected the libertarian candidate, Javier Milei, as their new president. I discussed the outlook for Milei’s agenda on a recent appearance of the Schilling Show. Here’s a brief excerpt. As you can see, I’m worried that Milei faces enormous obstacles. Argentina […]
Famous British playwright William Shakespeare wrote about endemic Malaria in Britain in the 1500s. Malaria was the scourge of Scandinavia and Russia right up until the 20th century. But this has not stopped greens falsely claiming Malaria is a disease of warm climates.
“to employ a hundred people is… exploitation, but to command the same number [is] honorable.” That’s an actual book by the way, explaining that although communism has failed in the past across different nations, races and cultures, it might work in the future where machines can create anything we want. Think Star Trek’s replicator technology. […]
In a fit of self-loathing, the European Union has begun to destroy the economic engine that pays its bills. Some of this is well known, but some is not, and it will astonish you.
Around the time of the first Earth Day (1970), Environmentalists were making dire predictions (via Mark Perry): …world famines of unbelievable proportions. some 4 billion people, including 65 million Americans, would perish in the “Great Die-Off.” By the year 2000, … there won’t be any more crude oil. Lead, zinc, tin, gold, and silver would…
Over the last few years I’ve made a number of posts about the ever growing US government spending, deficits and debt, which has reached the point where US Debt is now rising $1 trillion every 100 days. But there are many people who look at the debt as 120% of GDP and shrug their shoulders that […]
Not that the socialist in question, Professor Richard D. Wolff, realises that’s what he’s doing in the Q&A video below – and he’s not talking about traditional Communist Command and Controlled Economies. What he’s actually describing is a very pure form of socialism, the sort only vaguely imagined by Marx, Engels and other communists when […]
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
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