Mapped: The World’s Biggest Private Tax Havens
https://www.zerohedge.com/markets/mapped-worlds-biggest-private-tax-havens When the world’s ultra-wealthy look for tax havens to shield income and wealth from their domestic governments, where do…
What should be taught more in the first-year graduate sequence in economics?
https://marginalrevolution.com/marginalrevolution/2021/07/what-should-be-taught-more-in-the-first-year-graduate-sequence-in-economics.html Or maybe just taught more period? For microeconomics, I have two very definite picks: 1. Price discrimination. They do…
China and the Lure of Global Capitalism
https://bostonreview.net/class-inequality/macabe-keliher-china-and-lure-global-capitalism Markets have played a central role in the country’s explosive development since the 1980s. But as GDP rose, inequality…
William Cobbett on the dangers posed by the “Paper Aristocracy” (1804)
https://oll.libertyfund.org/quote/william-cobbett-on-the-dangers-posed-by-the-paper-aristocracy-1804 The English radical William Cobbett (1763-1835) objected to the funding of the war against Napoleon by issuing debt and…
Frédéric Bastiat argues that socialism hides its true plunderous nature under a facade of nice sounding words like “fraternity” and “equality” (1850)
https://oll.libertyfund.org/quote/617?fbclid=IwAR3eMtPNZbi17XGh0QYRiA8hs3wBOQQ8PY4oSzPdSgItYQHo8OnrSGUndS8 The French economist Frédéric Bastiat (1801-1850) argues that under socialism’s facade of nice-sounding terms like fraternity, solidarity, and equality…
The mathematical case against blaming people for their misfortune
https://psyche.co/ideas/the-mathematical-case-against-blaming-people-for-their-misfortune?utm_source=Aeon+Newsletter&utm_campaign=31d26b3531-EMAIL_CAMPAIGN_2021_01_18_05_30&utm_medium=email&utm_term=0_411a82e59d-31d26b3531-40962949 Kenny Chow was born in Myanmar, and moved to New York City in 1987. He worked for years as…
Lord Kames argued that neither the King nor Parliament had the right to grant monopolies because they harmed the interests of the people (1778)
https://oll.libertyfund.org/quote/511?fbclid=IwAR2GHm9zXnNcCxBqyzRhtaeX5VHfG5DtJKjrxd8bgjNtHEeg9ORc9wBiz48 The Scottish judge Lord Kames (1696-1782) thought that the Courts should step in to ban grants of monopoly issued…
Anthony de Jasay on the proliferation of predators and parasites in the modern state (1998)
https://oll.libertyfund.org/quote/548?fbclid=IwAR2Mj05HDOp4hgq-tad5JSpE_CNSl7p2_zS6-hxAFMePgp1oi4V2GKWekGo The political theorist Anthony de Jasay (1925-) believes that interest groups (made up of “predators” and free-riding “parasites”) will…
To reverse inequality, we need to expose the myth of the ‘free market’
https://www.theguardian.com/commentisfree/2020/dec/09/inequality-free-market-myth-billionaires We need an informed public that sees through the poisonous myth billionaires want us to believe: that income is…