Taxes, Sex, and Babies

Taxes, Sex, and Babies

I’m a big believer in the notion that taxes change behavior. I even have a five-part series (here, here, here, here, and here) emphasizing the point. The core insight is that people respond to incentives. But I also think there...
The “China Shock” and American Jobs

The “China Shock” and American Jobs

From an economic perspective, the most important part of this video is at 2:22, when I explain that everyone is better off in the long run when there are job losses caused by creative destruction. Today, I want to share some real-world data to confirm that assertion....