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"When past centuries’ most-iconic luxuries become commonplace and affordable, we always have specialization and market innovations to thank." ~ Laura Williams

"Whatever one thinks about a proportional income tax, the principle of declining marginal significance of income doesn’t justify progressive income tax rates. Neither does it justify progressive mortgage interest…

My wife and I recently took our three kids to see The Super Mario Bros. Movie, the new CGI blockbuster starring Chriss Pratt (Mario) and Anya Taylor-Joy (Princess Peach). I don’t know if the movie was worth the $80 I spent on…

"No indicators are conclusive, and all are subject to change or revision. But in the the aggregate, current data suggests that US economic fundamentals are deteriorating. The current baseline estimate is for an economic…

One of the common mistakes people make is thinking that economics is the same thing as finance. Many economics professors will attest that this leads to us getting several questions about financial planning. The key…

"Because of how important it is to recognize the initial questions which must be asked to move toward large numbers of real-world judgments, I have modified my exams to force students to confront those issues on…

In March 1985, I rented a car in Copenhagen, Denmark, and drove 40 miles north along the Øresund (one of four straits connecting the Baltic Sea with the Atlantic Ocean) to the town of Helsingor. There, I boarded the ferry for…

"The parallels are never exact, but we can learn from history. When a foundation of a free society, such as property rights, is abandoned, the destruction of social order and hardship for countless millions…

"Arguments for 'common good capitalism' are chock-a-block both with factual errors and faulty economic reasoning of a sort not found in arguments for true capitalism." ~ Donald J. Boudreaux

On Tax Day this year, about a dozen left-wing millionaires joined with some of the most liberal Democrats in Congress for a Washington, D.C., press conference. The luminaries included Abigail Disney, Walt Disney's…