Economy
Efficiently Inefficient – Econlib
Orgel’s second rule, as stated by the renowned biologist Leslie Orgel, emphasizes the intelligence of evolution in shaping the features of living organisms. He argues that our inability to explain…
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Lasted Economy
Deadweight Loss From Taxes is Proportional to the Square of the Tax Rate
In a recent post, it was discussed how the deadweight loss resulting from a tax is directly proportional to the…
We’re an empire now
Gideon Rachman, writing in the Financial Times, highlights the current trend of macho swagger in Washington when it comes to…
UBS earnings Q4 2024
tariff escalations escalated. This precarious economic backdrop has prompted UBS to tread carefully and strategically in its cost-cutting measures and…
Elon Musk creates confusion about IRS’ Direct File — but the free tax program is still available
In a recent social media post, billionaire tech mogul Elon Musk sparked confusion by announcing the deletion of 18F, a…
Undoing Past Policies: How Likely Are Repeals in the 119th Congress?
Using data from the Congressional Research Service, we found that of the 293 attempts to repeal laws between 1989 and…
The Psychology of Authoritarianism – Econlib
Luke Conway's book, "Liberal Bullies," delves into the realm of authoritarianism and its presence within the political left. Conway argues…
Trump names Treasury’s Scott Bessent acting head after firing Chopra
President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB)…
The Market Society Is a Pro-Social Society
They must persuade consumers that their product or service is worth exchanging their hard-earned money for. And in order to…