Taxes and Growth

Taxes and Growth

I’ve explained the economics of taxation, which is based on the common-sense notion that you get less productive economic activity when taxes drive a bigger wedge between pre-tax income and post-tax consumption. Simply stated, the more you tax of something, the less...
The Bizarre Attack on Vaping

The Bizarre Attack on Vaping

Since I’ve never smoked or vaped, I have no personal interest in the the regulatory battle over vaping and e-cigarettes. That being said, I started writing about this issue back in 2016 because it involves several important principles. The libertarian argument that...