When public school libraries remove books based on the views expressed in the books, are they violating the First Amendment? What if the librarians stocking the shelves have a political agenda? It all comes down to a precedent called Pico, and Eugene and Jane disagree about which Supreme Court justices got the rule right.
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[Subscription Required] The history of wealth taxes is that they raise much less revenue than hoped as targeted taxpayers find ways to avoid them. That looks to be the case with California’s wealth tax ballot measure (Proposition 40), which a new paper by the Hoover Institution’s Joshua Rauh and Benjamin Jaros estimates will result in a net revenue loss of $38.9 billion.
October 21, 2026
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Hoover Institution fellow Robert E. Hall's 2026 Nobel win offers an opportunity to recall another of his major contributions with Hoover Institution fellow Alvin Rabushka: the idea of a single flat tax. They proposed a flat tax that would simplify tax collection and increase investment in physical and human capital, without abandoning the idea of progressive taxes.
October 22, 2026
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Why we still need democratic reform.
October 21, 2026
