Economics

Americans Continue to Flee to These Low-Tax States 0
- Economics
- February 15, 2019
According to the most recent Census Bureau data on state-to-state migration flows, 523,000 people moved to California from other states. But at the same time, more than 661,000 Californians moved to other states. That is, on net, nearly 138,000 more people left California than moved into it from elsewhere in the US. Yet, California isn’t the worst
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The False Promise of an ‘Ultramillionare’ Tax 0
- Economics
- February 12, 2019
Sen. Elizabeth Warren (D-MA) is running for president in 2020, and she has gained attention for proposing an “ultramillionare” tax: a 2 percent tax on households with a net worth over $50 million and an additional 1 percent on households worth over $1 billion. Warren’s proposal has more popular support than Rep. Ocasio-Cortez’s (D-NY) proposal
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How Venezuelans Can Recover from the Sickness of Socialism 0
- Economics
- February 8, 2019
And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works – French economist and statesman Frédéric Bastiat, 1850. Venezuela’s socialist
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How ‘Woke’ Are You on World Poverty?0
- Economics
- February 6, 2019
By now you have probably heard the exhortation “stay woke.” To be woke means a person is “an informed, questioning, self-educating individual” who “look[s] past the provided narrative.” Yet, most among the self-proclaimed woke are still fast asleep. They may have a facile way of imparting narratives about issues, but those narratives are often based
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I’m the 0.0001%: My Confession 0
- Economics
- February 5, 2019
Income inequality in the US celebrated its 50th birthday last year. Having declined steadily after World War II, 1968 began a 50-year winning streak. Few are cheering, though, because concentrations of wealth are dangerous. People controlling huge amounts of money can use their buying power to push us all around. Hence billionaires like Mark Zuckerberg,
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Why Does the Federal Government Fail So Miserably Most of the Time?0
- Economics
- February 4, 2019
6.5 M people with active social security numbers are 112 or older. When I spotted this headline in the Washington Times, and misinterpreted it, my heart took a bounce. First came astonishment and joy. With that many men and women living to be 112 or older, and surely many more living at least
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