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Analysis and Commentary

Privatize TSA And ATC!

by John H. Cochrane via Grumpy Economist
Friday, January 25, 2019

In the aftermath of 9/11, there was some debate whether TSA should be federal employees, or run privately, and paid for by airlines. Government does not have to actually employ people in order to regulate, supervise, and make sure standards are followed.

Analysis and Commentary

A Rare Exception

by David R. Hendersonvia EconLog
Friday, January 25, 2019

“More Americans believe in global warming–but they won’t pay much to fix it.” So reads the headline of an article by James Rainey on NBC News’s web site. Read the piece and see if you agree with me that that is the most important part of the article. Why? The line underneath the title says why: “Americans are unwilling to pay $10 a month to fight climate change, a survey found.”

In the News

Real Time Economics: Elizabeth Warren’s Wealth Tax, Dark Days In Davos

quoting Steven J. Davisvia The Wall Street Journal
Friday, January 25, 2019

[Subscription Required] The Democratic Party is moving to the left on tax policy. Sen. Elizabeth Warren's wealth tax is the latest and most dramatic sign. The presidential candidate's proposal would impose a 2% annual tax on household wealth above $50 million and an additional 1% tax on wealth above $1 billion. It would affect about 75,000 households and raise $2.75 trillion over a decade, according to economists Emmanuel Saez and Gabriel Zucman.


Niall Ferguson: Doubt China's Xi Jinping Can Offer US Agreeable Deal

interview with Niall Fergusonvia CNBC
Thursday, January 24, 2019

Hoover Institution fellow Niall Ferguson discusses the impact of the trade war between the US and China.

Henderson's Case Against Higher Taxes

by David R. Hendersonvia EconLog
Thursday, January 24, 2019

A number of Democratic politicians—and some economists including Paul Krugman—have recently advocated substantially higher income tax rates on high-income Americans. The current top federal tax rate on income is 37 percent for married people filing jointly, and it applies to all taxable income over $612,350. The highest state income tax rate in the United States is in California, where it is 13.3 percent on taxable income over $1 million. 

Blank Section (Placeholder)Analysis and Commentary

George Gilder: Forget Cloud Computing, Blockchain Is The Future

interview with George Gildervia Uncommon Knowledge
Monday, September 24, 2018

Author of Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy, George Gilder on the future of technology.

Scott Adams
Blank Section (Placeholder)Featured

How To Fail At Almost Everything With Scott Adams

interview with Scott Adamsvia Uncommon Knowledge
Thursday, September 14, 2017

Scott Adams on Life, Business, Talent Stacks, and Trump.

Thomas Sowell discusses Intellectuals and Society on Uncommon Knowledge.

Thomas Sowell discusses his essay “‘Trickle Down Theory’ and ‘Tax Cuts for the Rich.’”

with Thomas Sowellvia Uncommon Knowledge
Monday, September 17, 2012

This week on Uncommon Knowledge, Hoover fellow and author Thomas Sowell discusses his essay “‘Trickle Down Theory’ and ‘Tax Cuts for the Rich.’” (39:52)
“Now anyone who studied history knows that for the first 150 years of this country the federal government did not intervene when the economy turned down. And all that time the downturns all corrected themselves; one of the most classic examples was under Warren G. Harding when, during his first year in office, he found the unemployment rate at 11.7 percent. He did absolutely nothing; he did not spend more government money, he cut back on spending. The Federal Reserve had the interest rates up at 6 or 7 percent, not down at 1 percent, where they are now. The next year unemployment was at 6.7 percent; the year after that it was 2.4 percent. So the economy has recuperative powers. I mean employers have an incentive to hire people. Workers have an incentive to get jobs. Lenders have incentives to lend.”

George W. Bush

George W. Bush

with George W. Bushvia Uncommon Knowledge
Wednesday, July 18, 2012

This week on Uncommon Knowledge President George W. Bush discusses postpresidential life and his work at the Bush Institute. (1:03:21)
“I believe we are a blessed nation; that is, therefore, we have a sense of responsibility to the extent we can to help others. In this case there was a pandemic destroying an entire generation of people. And I didn’t see how I could be president of a powerful, the most powerful, and the richest nation and not lend our support to saving lives. It would have been unconscionable not to act. So I thought it was in our moral interest to act. I also knew it was in our national security interest to act.”

Analysis and Commentary

David Davenport: The Green New Deal Looks Red To Me

by David Davenportvia Townhall Review
Friday, January 25, 2019

Perhaps you’ve heard about the Green New Deal? It’s freshman Congresswoman Alexandria Ocasio-Cortez’s revolutionary scheme to reinvent the entire American economy. She calls it “the Great Society, the moonshot, the civil rights movement of our generation.” But look a little deeper and you’ll see different colors: the blue of progressivism and mostly the red of government spending and debt. The proposal calls for a breathtaking $90 billion in green initiatives.


Economic Policy Working Group

The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple