SpaceX

Angelo Codevilla RIP

Angelo Codevilla died on September 22. Here’s Steve Hayward’s obituary, here’s Michael Walsh’s and here’s Brendan Dougherty’s. I met Codevilla only once, a few years ago, thanks to my dear friend Jim Lucier. Some may remember him for his translation of Machiavelli’s The Prince , […]

A Lone Voice of Reason at UT

Inside Higher Ed covers the proposed Liberty Institute at the University of Texas – and makes an admirable effort to talk to academic dissidents. My friend Richard Lowery speaks: Not all professors are so skeptical of the Liberty Institute, as they understand it thus far, […]

Is California still a trendsetter?

When I was young, people used to say that global trends started in America and American trends began in California. One famous example was Proposition 13, which signaled a broader tax cut movement in many other states and countries. California recently passed a couple of […]

Avoiding Biases: Lessons from Michael Huemer

The featured image of this post is a photograph I took two weeks ago less than a mile from my home in Maine. It is only illustrative but, I think, powerfully illustrative. In evaluating the truth, objectivity requires one to check one’s own biases. It […]

Using the Hypothetical Monopolist Test to Define the Relevant Market for Ad Tech

Policymakers’ recent focus on how Big Tech should be treated under antitrust law has been accompanied by claims that companies like Facebook and Google hold dominant positions in various “markets.” Notwithstanding the tendency to conflate whether a firm is large with whether it hold a […]

Breaking News: Unrealized Capital Gains are Not Taxed

University of Michigan economist Justin Wolfers tweets: Stunning new estimates suggest that the 400 wealthiest American families paid an average Federal tax rate of only 8.2%. Wow, I thought. That is stunning. It’s true that a large percent of Americans have a zero average federal […]

Angry Bears

In a comment replying to MikeP about my post “Preach What You Practice,” September 20, 2021, I made the point that acting rationally often involves going along with something that doesn’t make sense because the penalties are substantial. I wrote: Something that helps me deal […]

The OCTOPEST Oracle

Can corporate America, and Big Tech in particular, be democratized? How can we make capitalism more accountable to the people? In this episode, EconTalk host Russ Roberts welcomes back the OCTOPEST of Microsoft, Glen Weyl. Says Roberts, “I love capitalism. Because capitalism, profit, and loss, […]

Should Paid Leave Programs be Public or Private?

The Wall Street Journal had a very good and rather comprehensive Review and Outlook piece yesterday about what’s wrong with the Democrats’ push to create a federal paid leave program. The piece makes some important points, not least of which is that the absence in […]

Introduction to the Czech Edition of Open Borders

The Czech translation of Open Borders is now available for sale. And for those of you who don’t speak Czech, here’s the English version of my all-new Introduction to the Czech Edition. Special thanks to Martin Pánek, Director of the Liberální institut, for making this […]