That is the topic of my latest Bloomberg column. The opener is this: Can a single self-published paper really refute decades of work by three famous economists? If the paper is the modestly titled “Income Inequality in the United States: Using Tax Data to Measure Long-Term Trends,” then the answer — with qualifications — is yes. And…
America’s top one percent has not been seeing a rising income share
America’s top one percent has not been seeing a rising income share
18 Nov 2023 Leave a comment
in economic history, entrepreneurship, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, public economics Tags: top 1%
Reflections on the TCU Capitalism versus Socialism Debate
08 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, industrial organisation, labour economics, law and economics, liberalism, libertarianism, Marxist economics, poverty and inequality, privatisation, property rights, Public Choice, public economics Tags: economics of socialism, Sweden
Two days ago at Texas Christian University, I debated Scott Sehon, chair of Bowdoin College’s Philosophy Department, on Capitalism versus Socialism. (Video forthcoming eventually). My opening statement was a slight variation on the one I wrote for an earlier debate on the same topic with Elizabeth Bruenig. Sehon’s opening statement was adapted from his Socialism:…
Reflections on the TCU Capitalism versus Socialism Debate
Caplan-Singer Debate Video
05 Nov 2023 Leave a comment
in economic growth, economics of education, entrepreneurship, history of economic thought, human capital, income redistribution, labour economics, labour supply, macroeconomics, occupational choice, poverty and inequality, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
A year ago, Jonah Franks, who runs Public Intellectuals for Charity, organized a debate between me and Peter Singer on “Do the rich pay their fair share?” I already posted my opening statement, my reflections on the debate, along with two follow-ups on Singer’s “Noble Lie.” The debate video itself, however, was gated for paying…
Caplan-Singer Debate Video
Liberal Hypocrisy is Fueling American Inequality. Here’s How. | NYT Opinion well worth watching
04 Nov 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of education, economics of regulation, income redistribution, labour economics, labour supply, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice, public economics, rentseeking, urban economics Tags: housing affordability, top 1%, zoning
South Africa’s Slow, Inevitable March Towards Collapse
04 Nov 2023 Leave a comment
in development economics, economic history, economics of crime, energy economics, entrepreneurship, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, Public Choice, public economics, urban economics Tags: South Africa
Upzoning with Strings Attached
21 Oct 2023 Leave a comment
in economics of regulation, income redistribution, Public Choice, rentseeking, urban economics Tags: offsetting behavior, unintended consequences, zoning
The subtitle of this paper is: “Evidence from Seattle’s Affordable Housing Mandate.” Here is the abstract: This paper analyzes the effects of a major municipal residential land use reform on new home construction and developer behavior. We examine Seattle’s Mandatory Housing Affordability (MHA) program, which relaxed zoning regulations while also encouraging affordable housing construction in […]
Upzoning with Strings Attached
The risk the Greens’ wealth tax poses to our economy
21 Jul 2023 Leave a comment
in applied price theory, applied welfare economics, economic history, entrepreneurship, financial economics, income redistribution, industrial organisation, labour economics, labour supply, occupational choice, politics - New Zealand, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment
Why was Churchill voted out of office after WW2?
31 May 2023 Leave a comment
in defence economics, economic history, income redistribution, Marxist economics, war and peace Tags: British history, British politics, World War II
Milton Friedman on Donahue #2
03 Jan 2023 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, environmental economics, history of economic thought, income redistribution, labour economics, law and economics, liberalism, libertarianism, Marxist economics, Milton Friedman, Public Choice, public economics, rentseeking Tags: capitalism and freedom, The Great Enrichment
Uncancelled History | EP. 02 Colonialism
26 Dec 2022 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, development economics, economic history, economics of bureaucracy, economics of crime, growth disasters, growth miracles, income redistribution, International law, law and economics, liberalism, Marxist economics, property rights, Public Choice, public economics, rentseeking Tags: Age of Discovery, age of empires, economics of colonialism
WHAT DEMOCRATIC SOCIALISM DOES TO ECONOMIC PROSPERITY
24 Dec 2022 Leave a comment
in comparative institutional analysis, economic growth, economic history, economics of education, entrepreneurship, fiscal policy, growth disasters, history of economic thought, income redistribution, industrial organisation, labour economics, liberalism, macroeconomics, Marxist economics, politics - USA, Public Choice, public economics Tags: Sweden
Thomas Sowell – Production, Inequality and Human Capital
16 Aug 2022 Leave a comment
in applied price theory, comparative institutional analysis, development economics, discrimination, economic growth, economic history, growth disasters, history of economic thought, human capital, income redistribution, labour economics, labour supply, law and economics, macroeconomics, Marxist economics, monetary economics, occupational choice, poverty and inequality, property rights, Public Choice, rentseeking, Thomas Sowell Tags: racial discrimination
Thomas Sowell – The Real World Effects of Preferential Policies
12 Aug 2022 Leave a comment
in applied price theory, comparative institutional analysis, discrimination, economic history, economics of education, human capital, income redistribution, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, Public Choice, rentseeking, Thomas Sowell Tags: affirmative action, offsetting behaviour, racial discrimination, unintended consequences
How to Ruin the Economy in 2 Minutes
10 Aug 2022 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, economics of information, entrepreneurship, income redistribution, law and economics, property rights, Public Choice, public economics Tags: capitalism and freedom, The Great Enrichment
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