The statists are making a big issue out of income inequality, hoping to convince ordinary Americans that redistribution is their only hope for a better life. I’ve explained with a pizza analogy that this is horribly misguided because it falsely assumes the economy is a fixed pie. Simply stated, it doesn’t make sense – or […]
read more...I’ve written before about whether California is the Greece of America, in part because of crazy policies such as overpaid bureaucrats and expensive forms of political correctness, And we all know that California has one of the nation’s greediest governments, imposing confiscatory tax rates on a shrinking pool of productive citizens. So it is hardly […]
read more...I’ve written before about how some leftists have a masochistic desire to pay higher taxes. I’ve also exposed Warren Buffett’s dishonest math, which is part of his campaign for bigger government. And I’ve even debated rich statists on TV, telling them not to make the rest of us victims of their neurotic guilt feelings. So […]
read more...I wrote last week about how the Organization for Economic Cooperation and Development, a Paris-based international bureaucracy, has launched a new campaign to promote class-warfare tax policy. I’ve since learned that the OECD’s effort is even more objectionable than I first reported. For instance, the bureaucrats earlier this month organized a fancy three-day conference in […]
read more...I’ve been a relentless critic of Obama’s policies of redistributionism, class warfare, and cronyism, so I didn’t feel I had anything new to say after Obama gave what’s being called his “Teddy Roosevelt speech” in Kansas earlier this week. But David Harsanyi has an insightful column at Reason that is worth sharing. Here’s my favorite […]
read more...To be blunt, I’m not a big fan of the Organization for Economic Cooperation and Development. But my animosity isn’t because OECD bureaucrats threatened to have me arrested and thrown in a Mexican jail. Instead, I don’t like the Paris-based bureaucracy because it pushes a statist agenda of bigger government. This Center for Freedom and Prosperity […]
read more...It isn’t fair to compare and contrast the views of a distinguished economist with the envious ramblings of a career politician/community activist. But it’s also not right for the government to use coercion to impose bad policy, so I don’t feel guilty about sharing this excerpt from a recent Walter Williams column. President Barack Obama, […]
read more...Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments are rather weak. So anemic […]
read more...One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic linear relationship between tax rates and […]
read more...A couple of months ago, after reading an excellent column in the semi-official newspaper of the Vatican, I joked that we should send Obama to Rome for an economics lesson. I now completely retract that statement. There may be some economically astute people who write for L’Osservatore Romano, but they are offset by the economic […]
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