“As the study and measurement of inequality progresses, Piketty’s (and his team’s) main estimates have become obsolete and might be properly consigned to the field of the history of economic thought.” ~Phil Magness & Vincent Geloso
READ MORE“Are job training programs actually providing useful training to the people affected by foreign trade? Don’t ask lawmakers. They’d prefer that people give them credit for the intent and ignore questions about outcomes.” ~James M. Hohman
READ MORE“Where would the money come from, existing program cuts, higher existing taxes, new taxes, and/or new money creation? Would a UBI simply displace the current hodge-podge of income transfers or add yet another layer?” ~Robert E. Wright
READ MORE” As they continue to reduce tax burdens, they create environments where individuals and businesses can retain more of their earnings, which invites innovation, improves the quality of life, and encourages moving to those states.” ~Vance Ginn
READ MORE“Rather than work with shippers and receivers to fix these issues, the trucking industry has decided that it is more cost effective to stick taxpayers with the bill for replacing truckers who, having discovered that the business neither respects nor pays for their time, make the rational choice to quit.” ~Gord Magill
READ MORE“Perhaps expanding school choice could encourage districts to set their house in order. Maybe a renewed focus on financial accountability could help stem the tide of nonsense.” ~Garion Frankel
READ MORE“No matter how much higher standards of living for nearly everyone in today’s market-oriented economies are, living standards could be even higher. The costs of obtaining, maintaining, and further raising these living standards could be even lower.” ~Donald J. Boudreaux
READ MORE“Circumstances beyond our control will likely compel us to revert to something like the ‘old-time fiscal religion’ of balanced budgets during ordinary times, reserving deficits for extraordinary times.” ~Alexander W. Salter
READ MORE“America’s federal tax system remains steeply progressive, and no politically motivated data manipulation will ever alter that fact.” ~Phil Magness
READ MORE“We should rethink the deference we give what may be the shortest, but not the least damaging weasel word in common usage today.” ~Gary M. Galles
READ MORE“Congress’s new tax increases on business couldn’t come at a worse time: right when business is still recovering from the supply-chain shocks of the pandemic and wages fail to keep pace with inflation.” ~Jason Sorens
READ MORE“We might agree that ‘equal chances for all’ would be desirable. But that in no way guarantees that we have either the knowledge or the power required to make that goal attainable.” ~Gary M. Galles
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