Who Pays the Tariff – How Voter Ignorance Impacts Public Policy

Who pays the tariff? To anyone who has been following the news in the past day, this question has suddenly taken on outsized importance. With the US Government firing the opening salvos in a global trade war, we have seen in just one day: The US stock market fall 5% International stock markets fall 2% … Continue reading Who Pays the Tariff – How Voter Ignorance Impacts Public Policy

Both Parties Support Wealth Redistribution – They Just Disagree On Who Should Get It

Conventional opinion says that there are 2 main camps in American politics, when it comes to wealth redistribution. You have one camp that is opposed to wealth redistribution as a principle. They believe that economic policy should be designed to generate as much aggregate wealth as possible. And when it comes to distribution, let the … Continue reading Both Parties Support Wealth Redistribution – They Just Disagree On Who Should Get It