POLITICS

Tariffs Are Awful, but the Income Tax May Be Worse

If Mr. Trump completely eliminates the IRS and the hated income tax along with it, there may be a reasonable case for increasing tariff rates.

Capitalism Did Not Fail; It Can Save Us

Capitalism Did Not Fail; It Can Save Us

Riding out storms and sharing risks across billions of people is a feature, not a bug, and the affluent capitalist nature of our institutions puts us in a better position to deal with them. 

Crisis, Leviathan, and the Odd Libertarian Sanction

Crisis, Leviathan, and the Odd Libertarian Sanction

Libertarians are right that the size, scope and power of government expand amid crises, but there’s no necessity to this, as they assume, and they have no remedy – even during crises – because they hate the state more than statism; but a new book takes a better approach.

A Free-Market Solution For Resolving The Coronavirus Pandemic

A Free-Market Solution For Resolving The Coronavirus Pandemic

Leave people free to make their own choices and allow the free market to work its miracle of fulfilling the urgent demands of the moment to save lives, supply very needed goods and services, and find profitable ways of keeping those goods flowing and jobs existing to maintain as best as possible our standards of living.

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