Daily Economy
-
•
The Incredible Delusion of the 70% Tax Rate
The collapse in confidence in government from 77% to 18% is one of the most striking changes in public philosophy of the last half century. To proceed as if this means nothing represents astonishing ideological blindness.
-
•
Venezuela’s Bastiat Society Chapter Prepares Young Entrepreneurs for Better Days Ahead
When positive change finally does come to Venezuela, the nation will have its chapter of the Bastiat Society to thank for growing and maintaining the bottom-up foundation of a free market economy.
-
•
Is Protectionism Justified If Trade Liberalization Causes the Wages of Low-Skilled Workers to Fall?
No country grows prosperous by dampening its citizens’ incentives to improve their skills as workers.
-
•
The Rich Never Actually Paid 70 Percent
The historical narrative we’ve been hearing is both simplistic and wrong. It relies upon a confusion between the statutory tax rate (i.e., the number that’s on the statute books) and the effective tax rate (i.e., the percentage of income that people actually pay once exemptions, deductions, and other tax-code incentives are accounted for).
-
•
Private Payrolls Jumped in December and Wage Growth Accelerated
U.S. nonfarm payrolls added 312,000 jobs last month, the largest since February 2018. However, market volatility and uncertainty surrounding trade, fiscal, and monetary policy suggest a cautious view is warranted.
-
•
Uber’s Self-Driving Tech Is Back — Here’s What It Means for the Disabled
Uber is not just helping common people by expanding their earning possibilities, it’s also giving folks with disabilities a shot at being more productive and independent, especially now that it’s back at testing its self-driving car technology.
-
•
How Modern Monetary Theory Could Become the Left’s Worst Nightmare
If those on the left who subscribe to MMT believe political history will end once they finally implement their enlightened government programs, they are guilty not just of bad economics but of astounding political naivete.
-
•
How To Secede from the Biology Wars
I don’t really care who started this war. It’s a war that no one can win.
-
•
Apple’s Woes Show that the Trade War Has Failed Miserably
Tragically, too few Republicans and market defenders have called out the Trump administration for itsterrible trade policies.
-
•
Classical Liberalism and the Limits to Compromise
Liberty in its personal, social, and economic aspects cannot be compromised without threatened and actual loss of its essential qualities and a losing of the moorings that protect humanity from the paternalistic and overbearing and tyrannizing state.
-
•
The Incredible Delusion of the 70% Tax Rate
The collapse in confidence in government from 77% to 18% is one of the most striking changes in public philosophy of the last half century. To proceed as if this means nothing represents astonishing ideological blindness.
-
•
Venezuela’s Bastiat Society Chapter Prepares Young Entrepreneurs for Better Days Ahead
When positive change finally does come to Venezuela, the nation will have its chapter of the Bastiat Society to thank for growing and maintaining the bottom-up foundation of a free market economy.
-
•
Is Protectionism Justified If Trade Liberalization Causes the Wages of Low-Skilled Workers to Fall?
No country grows prosperous by dampening its citizens’ incentives to improve their skills as workers.
-
•
The Rich Never Actually Paid 70 Percent
The historical narrative we’ve been hearing is both simplistic and wrong. It relies upon a confusion between the statutory tax rate (i.e., the number that’s on the statute books) and the effective tax rate (i.e., the percentage of income that people actually pay once exemptions, deductions, and other tax-code incentives are accounted for).
-
•
Private Payrolls Jumped in December and Wage Growth Accelerated
U.S. nonfarm payrolls added 312,000 jobs last month, the largest since February 2018. However, market volatility and uncertainty surrounding trade, fiscal, and monetary policy suggest a cautious view is warranted.
-
•
Uber’s Self-Driving Tech Is Back — Here’s What It Means for the Disabled
Uber is not just helping common people by expanding their earning possibilities, it’s also giving folks with disabilities a shot at being more productive and independent, especially now that it’s back at testing its self-driving car technology.
-
•
How Modern Monetary Theory Could Become the Left’s Worst Nightmare
If those on the left who subscribe to MMT believe political history will end once they finally implement their enlightened government programs, they are guilty not just of bad economics but of astounding political naivete.
-
•
How To Secede from the Biology Wars
I don’t really care who started this war. It’s a war that no one can win.
-
•
Apple’s Woes Show that the Trade War Has Failed Miserably
Tragically, too few Republicans and market defenders have called out the Trump administration for itsterrible trade policies.
-
•
Classical Liberalism and the Limits to Compromise
Liberty in its personal, social, and economic aspects cannot be compromised without threatened and actual loss of its essential qualities and a losing of the moorings that protect humanity from the paternalistic and overbearing and tyrannizing state.