Taxes and Spending

The lack of revolutions, even in highly-taxed societies points to the possibility that many are willing to tolerate rather high taxation rates.

We must all be grateful to Professors Walter J. Blum and Harry J. Kalven, Jr. for providing in a brief space a cogent review and critique of the various arguments for progressive taxation

While corporate income taxation is a major issue in the debate over international finance, economic theory has no clear stance on who bears its burden.

The conventional wisdom proposition suggested by Galbraith that there is endemic instability in a market-based economy that can be remedied only by government policy interventions is inappropriate. 

The doctrine of natural liberty is ultimately grounded on two premises which are necessary to the understanding of why governments are “crimi

A characteristic feature of modern civilization is the steady growth of government.1 This government growth occurs under two forms: either through

The municipal reform movement of the progressive era succeeded in establishing local government monopoly in the provision of urban services. Competitive markets in such services as fire-fighting, street lighting, refuse removal, transit, and even policing then gave way to municipal bureaus and departments.

There are those to whom the question of whether to privatize the nation’s police forces is mere academic whimsy—a question of consequence only to t

Many economists consider public goods to be a case of market “failure.” They argue that the free market cannot finance the optimal amou

In recent years, as libertarian policy analysts have put their minds to the question of tax reform, some have succumbed to the lure of a broad-base