Abolish the agency, ASAP: The latest installment of frightfully unacceptable government behavior involves a law created in 2000—the Civil Asset Forfeiture Reform Act of 2000—granting the IRS the power to seize the bank accounts of those suspected to be terrorists, drug dealers or engaged in other criminal activity, even when no charges have been filed…Details
People have been asking me about Thomas Pikkety’s new book. No, I likely will not read it – too much other reading to do that doesn’t involve lofty ideas of global technocracy. But I have watched two of his speeches, and read probably 20 analyses of his book. Here are a few. And here is…Details
Even for the middle class, things are not as they should be.
This is so painfully obvious that it could be an Onion article… The US government does not represent the interests of the majority of the country’s citizens, but is instead ruled by those of the rich and powerful, a new study from Princeton and Northwestern Universities has concluded. The report, entitled Testing Theories of American…Details
All this time blogging and I realized I had never brought this topic up. Sheesh… The problem of economic calculation is the topic of your lecture of the week (next week, and since it is Easter on Sunday I do not want to post it then, so here it is…). This one should not be…Details