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1937

by on December 29, 2017

Hayek says this:
"The problem which we pretend [to] solve is how the spontaneous interaction of a number of people, each possessing only bits of [more…]

Taxapalooza!

by on December 18, 2017

If anyone needed any further evidence as to the endemic corruption of American politics the Republican tax plan is surely the clincher.

Think about it: [more…]

Consistency is the …

by on December 12, 2017

Well, at least I am being consistent. Whether that's being a good thing or not I will leave to you to figure out.

David Brooks [more…]

Republican Rot?

by on December 8, 2017

This is going to sound parochial to those of you not steeped in America's current internal conversation.

Poor David Brooks, his column in today's New [more…]

Real Tax Reform?

by on December 6, 2017

OK, let's all calm down. The Republican tax plan is now in its last stages of design. The two versions that exist need to be [more…]

Tax Cuts and Jobs Act

by on December 5, 2017

So the Senate passed its tax cut. It is amazing to see the way in which the media has embraced the idea that this is [more…]

Doomed to Repeat?

by on November 16, 2017

One of the great pleasures of living here in southern Vermont is that we have a terrific local bookshop. I go there simply to absorb [more…]

Taxes: 1970’s Redux?

by on November 14, 2017

Taxes. What a problem.

I was going to start by saying something about our current national debate about taxes, but that would have been an [more…]

Speculation

by on October 25, 2017

Robert Locke's excellent discussion of the different perspective presented by a┬átacit-knowledge rather than explicit-driven driven enquiry into economic matters prompts me to reprise my understanding [more…]

Spite as Policy

by on October 17, 2017

There's not much to say, but let me say it anyway:

Last week Trump simply stopped pretending he wants to make policy based on thought. [more…]