Invited clients tour a megayacht at the Monaco Yacht Show. Port Hercules, Monte Carlo. 2022. Over the past couple of decades, calls to do something about economic inequality have grown louder. The narrative holds that income and wealth inequality are skyrocketing, and the government must use higher tax rates on the wealthy to bring them…
Travis Fisher and Joshua Loucks Ferrari Barchetta. The 1981 song Red Barchetta by the band Rush tells the story of a man who gleefully commits a weekly crime—driving a brilliant red Ferrari 166MM (barchetta being Italian for “little boat/craft”) and ultimately outsmarting and outdriving the authorities. The story is a warning to people who love…
Read More “Rock and Roll Wisdom: Reject Authoritarian Vehicle Mandates” »
Norbert Michel, Jennifer J. Schulp, and Nicholas Anthony On Wednesday, September 25, 2024, Senator Mike Lee (R‑UT) introduced the Saving Privacy Act (SPA), a bill that contains major reforms to strengthen Americans’ financial privacy. As many experts discussed at our annual conference two weeks ago, financial privacy has been under fire for the last 50 years,…
Read More “Latest Attempt to Restore Financial Privacy: the Saving Privacy Act” »
Jeffrey Miron Many conservatives, and some libertarians, endorse work requirements in social safety net programs. That position is understandable, but it is not convincing overall: Our research examines whether increased EITC [earned income tax credit] generosity reduces the caregiving older adults receive from their EITC-eligible daughters. … Our findings indicate that when the generosity of…
Read More “Does the Earned-Income Tax Credit Reduce Caregiving for Parents?” »
David Inserra An open letter titled “Against Big Tech’s Attack on Digital Sovereignties” was published last week by a group of significant academics and activists who support the ongoing crackdown on X and dissident speech by Brazilian authorities. The signatories include Thomas Piketty of the Paris School of Economics, MIT’s Daron Acemoglu, and other scholars…
Read More “Pro-Brazilian Censors Strike Back: Digital Sovereignty Versus Free Speech Online” »
Tad DeHaven On September 24, Republican presidential candidate Donald Trump told a crowd in Georgia that “tariff” is “one of the most beautiful words I’ve ever heard.” The former president’s affection for taxing goods Americans import is well established. But it seems that as we’ve moved closer to election day, his tariff zeal has intensified….
Read More “Trump's Tariff Threats a Reminder of the Need to Curb Presidential Power” »
Chris Edwards Some American cities are rife with corruption. A key problem is the large volume and complexity of permitting, licensing, and zoning regulations, and the discretion it gives to officials to accept, reject, speed up, or slow down approvals. A scandal in New York City highlights the problem. On September 23, federal prosecutors indicted…
Song Thrush (Turdus philomelos) adalah salah satu spesies burung yang sangat dikenal di Eropa, Asia Barat, dan beberapa wilayah Afrika. Burung ini terkenal karena kicauannya yang merdu dan kompleks, sering kali mengulangi not-not yang indah dalam nyanyiannya. Selain suaranya yang indah, song thrush memiliki peran penting dalam ekosistem dan menjadi ikon budaya di berbagai wilayah….
Read More “Keajaiban Alam Yang Terancam Dan Upaya Konservasinya »” »
Romina Boccia Today, September 25, the House Budget Committee will consider the Stop the Baseline Bloat Act (H.R. 8068), an important step toward addressing the budget distortion caused by including temporary emergency spending in the Congressional Budget Office’s (CBO) baseline. This flawed approach creates a distorted view of the budget, allowing “emergency” funds to quietly…
Read More “How “Temporary” Emergency Spending Bloats the Federal Budget for Years” »
A vendor in a New Delhi market, scissors in hand, prepares to reduce the price of his products. 2024. Angry headlines have recently proclaimed “Kroger Executive Admits Company Gouged Prices Above Inflation,” and “Corporate greed exposed: Kroger admits to price gouging on milk and eggs amid antitrust trial.” There are several problems with this account….
