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Dependency, Work Incentives, and the Growing Welfare State

A nation’s prosperity is determined by the quantity and quality of labor and capital that are productively utilized. Which means that it doesn’t make sense to have policies that penalize either saving and investment or working. Yet that seems to be the favorite hobby of the political class. And there are real consequences. A new […]

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Tax Reform and the 2016 Election

I’m a huge fan of a simple and fair flat tax. Simply stated, if we’re going to have some sort of broad-based tax, it makes sense to collect revenue in the least-damaging fashion possible. And a flat tax achieves that goal by adhering to the principles of good tax policy. A low tax rate – […]

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It’s a Bird, It’s a Plane….It’s Super Entrepreneur!

When writing about economic growth, my usual approach is to point out that more output is a function of increases in the quantity and quality of labor capital. This is a helpful way of thinking about growth since it becomes easier to understand why certain policies are bad (such as redistribution programs that discourage labor […]

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The Left’s Inequality Fixation Is Economically Foolish and Politically Impotent

I don’t understand the left’s myopic fixation on income inequality. If they genuinely care about the less fortunate, they should be focused on policies that produce higher incomes. But instead, they agitate for class warfare and redistribution, which leads me to believe that many of them hate the rich more than they love the poor. […]

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Another Encouraging Example of How Tax Competition Thwarts the Greed of the Political Class

There are some things in life that are guaranteed to make me smile. Georgia Bulldog victories are on that list, of course, and I also relish occasional moments of glory on the softball field. Shifting to the world of public policy, nothing warms my heart and brings a smile to my face faster than news […]

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More Anti-Factual Analysis from Paul Krugman

I don’t know whether to be impressed or horrified by Paul Krugman. I’m impressed that he’s always “on message.” No matter what’s happening in America or around the world, he always has some sort of story about why events show the need for bigger government. But I’m horrified that he’s so sloppy with numbers. My […]

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