tax increase

Reply to Bob Murphy’s Query

Economist Bob Murphy writes: Dear David, I hope you’re doing well. I was puzzled by your “Angry Bears” post. (If you find your answer might interest EconLog readers, feel free to reprint my email.) I totally understand why certain libertarians would be upset at a […]

What does “local control” actually mean?

[After writing this, I noticed a new David Henderson post that made some similar points. If you only have time for one, read his excellent post.] In the US, public services such as police, fire and K-12 education are typically provided by local governments. On […]

How to Make Housing More Affordable

Many people believe that the main reason housing is expensive in coastal California is that land is so scarce. As the saying goes, “They’re not making any more land.” That view is plausible. It’s also incorrect. Two economists who study US housing are Ed Glaeser […]

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 […]

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 […]