Anarchy, State and Utopia: Robustly against Redistributive Taxation for 50 Years
Robert Nozick’s Anarchy, State and Utopia turns fifty this year, and this libertarian classic has stood the test of time.
Taxes and Spending
Displaying 121 - 130 of 1732
The Seen and the Unseen: Implications of Biden’s New Tariff
Biden’s newest proposal for steel tariffs join a long list of tariff policies that ignore the unseen damage that will be done to the U.S.
Social Security and the Decline of the Employer Pension System
While Social Security is not exactly a pension system, it has had a negative effect on private pension plans and has discouraged people from engaging in long-term savings. In the end, its negative effects outweigh the positive ones.
The War on Poverty Makes Poverty Worse
Government officials like to claim they are doing something about reducing poverty. The trouble is, of course, that what they are doing makes things worse. Here on Income Tax Day, we recommend that next time, they should do nothing.
America’s Fiscal Collapse Accelerates
It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years.
The Forgotten Austrian: Peter F. Drucker and the Welfare State
The Ludwig von Mises Memorial Lecture. Sponsored by Yousif Almoayyed.
The Myth of National Defense Spending
Many economic think tanks espouse that national defense spending benefits Americans at large. It doesn’t. The notion that military spending "bolsters" the economy is yet another Keynesian fable.
US States Have a Long History of Defaulting
As the federal government's debt approaches $35 trillion, default one way or another is inevitable. Many US states already have used that method to eliminate their debts.
How Would US States Actually Declare Bankruptcy?
It is not surprising that some US states are facing large deficits between budgeted spending and incoming revenues. However, state bankruptcies occur when states cannot meet their bond obligations, which have little to do with operating expenses.
The Myth of National Defense Spending
Many economic think tanks espouse that national defense spending benefits Americans at large. It doesn’t. The notion that military spending "bolsters" the economy is yet another Keynesian fable.
