Although the political-economic philosophy of Henry George was once common to most literate people in the western world and even beyond, the past century has seen its resurgence in many quarters. This is due in part to the advent of … Read the rest
The push to get Americans vaccinated continues to pick up momentum. Governors and public health officials in more than 40 states have said they will meet or beat President Biden’s goal of making every adult eligible for a vaccine by … Read the rest
The term frozen capital is used mainly to refer to any capital stock, unused or underused, that thereby reduces productive enterprise from operating at its optimum potential. In most instances, it is an accounting or bankers’ term,[1] often referring … Read the rest
Television ads these days are replete urging us to be sure to avail ourselves with all that we can get for the asking. Actors, athletes, politicians, and anyone else with a name to sell, can vouch for bargains too good … Read the rest
There is little doubt that much of the turbulence and uncertainty in recent politics stems from the financial insecurity Americans are feeling. There are many explanations for this – the uncertainty in the current job market and the dramatic fluctuations … Read the rest
As a rule, people have a general aversion to discussions of tax policy. Except for the most elementary understanding – progressive, neutral, regressive, or exempt or non-exempt – public discourse on taxation is mostly banal or non-existent.
It’s really no … Read the rest
The 2020 presidential election will inspire more commentary than any prior American election story. Because, among other reasons, the opinion polls both anticipating and following November 3, were so often wide of the mark. Blame is now being assessed (see, … Read the rest
Most recent economics texts have devoted little or no space to the subject of rent and rent seeking. In classical economics, that which prevailed over a century ago prior to what is today known as neoclassical economics, rent was a … Read the rest
A year ago last March, The Atlantic magazine had a short piece pondering what have been the “biggest scandals of all time.” It listed 11, and then invited its readership to submit other suggestions worthy of consideration. Some of the … Read the rest
