Friday, September 17, 2021

Tax the Rich!

That is the cry splashed in red on the back of the dress Alexandria Ocasio-Cortez sported at the Metropolitan Opera's opening Gala. The is another manifestation of what Mises called the anti-capitalistic mentality

 It turns out, of course, that we are already taxing the rich:

 

According the Tax Foundation, in 2018 the top 50% of income earners pay slightly over 97% of all tax revenue. The top 10% of income earners pay over 71% of taxes. The top 1% pay over 40% of all taxes. Meanwhile, those in the bottom half of income earners paid a mere 2.9% of the taxes taken in by the government in 2018.

Wednesday, April 7, 2021

Caleb Fuller on Everyday Economic Errors

I am very pleased to announce a new video lecture series by my former student and now colleague, Caleb Fuller. He has a new course of lectures entitled "Everyday Economic Errors" in Grove City College's Life of the Mind video lecture series. Fuller provides an update to Bastiat and Hazlitt by examining popular economic errors in light of sound economics. You can see the first lecture below:


The series in in process and you can see all of the lectures that have been released thus far by clicking here.