Black Lives Matter? »

Last year I put up a blog post on the Black Lives Matter movement, saying that the movement had a valid complaint about the excessive and too often fatal use of force against unarmed and too often innocent blacks. I believe I received more comments on that post, both positive and negative, both on...
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Sanctuary Cities and Recreational Marijuana »

Sanctuary cities deliberately refer to themselves using this confrontational terminology, indicating that they provide a sanctuary for those who are in the country illegally. They do so by refusing to aid the federal government in enforcing federal immigration law. Sanctuary cities could be less confrontational if they dropped the terminology and simply said they...
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Progressive Democracy Works for the 1% »

The Occupy Wall Street movement that began in 2011 protested government policies that favored the 1%, the elite, over the 99%, the masses. Their protests were justified. The Wall Street fat cats who owned mortgage-backed securities were bailed out, but homeowners who had lost their jobs and couldn’t pay their mortgages were foreclosed. But...
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Illinois Passes Its First, Country’s 18th, Tax-Credit Scholarship Program »

This week the Illinois legislature passed legislation creating the country’s 18th tax-credit scholarship program, and the bill is on its way to Gov. Bruce Rauner, who’s said he’ll sign it. UPDATE: Gov. Rauner signed the bill (see here). Officially called the Invest in Kids Act, Illinois’ flagship tax-credit scholarship program was passed as part...
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Principal-agent Theory and Representative Government »

In recent decades economists have devoted great efforts to the analysis of the principal-agent problem (see for example Milgrom and Roberts 1992 and the Wikipedia article on “Principal-agent Problem”). This area of study has to do with the incentives and disincentives of an agent acting on behalf of a principal that he is presumed or...
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Localize, Don’t Federalize, Educational Choice »

Parental choice in education has many advantages, as we see in the growing majority of states with choice programs. Yet using the federal government to expand educational choice is risky, as The Heritage Foundation’s Linsdey Burke, The Cato Institute’s Neal McCluskey, and I explain in our Washington Post editorial. The Trump administration has made clear that it wants to...
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Parental Choice Smear Campaign Falls Flat »

Opponents of parental choice in education have been in overdrive portraying private school scholarships (and by association, those who support or use them) as racist to diminish their popularity. Results from a new national poll suggest opponents’ strategy isn’t working. According to the 11th annual Education Next  poll public support for a variety of private...
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Tax Reform V: Eliminate the Estate Tax »

The estate tax amounts to a penalty on the heirs of those who have accumulated wealth over their lifetimes. It raises less than 1% of federal revenues, so it provides almost no benefit to anybody, but imposes a big cost on a few. There are many ways for the wealthy to avoid the estate...
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Tax Reform IV: Corporate Tax Reform »

The United States has one of the highest corporate income tax rates in the world. While both the Obama administration and Trump administration have criticized American companies for moving operations off-shore, and considered a variety of policies for punishing them if they do, a better approach would be to design policies that make it...
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Tax Reform II: Lower Rates; Eliminate Deductions »

As Congress considers tax reform, the focus on the personal income tax should be to lower rates and eliminate all deductions except for a standard deduction that applies to everyone. Lower rates enough to offset the increased revenue from eliminating deductions, and set the standard deduction at a level that raises the same amount...
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  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org