Taxes, Incentives, Booze, and Liberty

Taxes, Incentives, Booze, and Liberty

I celebrate when my friends on the left stumble into economic insights. For instance, many of them sound like Milton Friedman when they pontificate in favor of higher tobacco taxes because they want people to smoke fewer cigarettes. As a libertarian, I...
Deregulate Birth Control

Deregulate Birth Control

There are all sorts of reasons to dislike the Food & Drug Administration. Based on the number of lives lost, the bureaucracy’s foot-dragging on drug approval would be at the top of the list. Though the FDA’s inefficiencies also resulted...
Economics 101 and Soda Taxes

Economics 101 and Soda Taxes

It is not difficult to understand the economics of taxation. Simply stated, the more you tax of something, the less you get of it. You can show the adverse impact of taxation with supply-and-demand curves (very helpful for understanding “deadweight loss“). But...
Great Moments in Government Schooling

Great Moments in Government Schooling

I don’t like Joe Biden being a lackey of the teacher unions, and I think the entire Department of Education should be eliminated. That being said, intervention from Washington is the not the main cause of America’s education problems. The real...