Nice article by friend @veroderugy, citing my research on the two fatal flaws of single-payer health care. No progressive politician has ever been able to design the new payment system to supposedly save trillions, or the new tax to replace premiums.
https://t.co/scc3m1El6F
A new report from @Paragon_Inst estimates there are more low-income enrollees in the Obamacare exchanges than there is eligible people in 28 states.
Florida is the worst, with over 3M enrollees from an eligible population of 636,000.
New IMF working paper calculates that resource misallocation caused by Chinese industrial policy reduced national total factor productivity by 1.2 percent (which could in turn reduce GDP by 2 percent) https://t.co/oO7Fyvhuwn
Incredible to watch @Hillsdale throw its lot in with labor unions, industrial policy, and tariffs on Americans, in short with growing the swamp, against which its history has been defined as an outgrowth of American liberty.
Tom Steyer keeps running around saying that it’s unfair that billionaires like him can buy our democracy, then spending hundreds of millions dollars to do just that, then failing to get elected, and then repeating all the same lines the next time around. It’s extremely funny.
From Washington to Westminster, the progressive left and the nationalist right want government to use industrial policy to drive economic outcomes. In this @CapX#podcast hosted by @marcsidwell, I argue that this is a very bad idea indeed.⬇️
https://t.co/7QMehANL8b
Great story from @ReemAmirIbrahim on how difficult it can be to start a small business in Virginia -- and a great tip about a spot to visit on my next trip to Roanoke, a tremendously underrated little city
The EU reportedly wants €5 billion in revenue from a new EU-wide DST.
Worth revisiting a point @ahellmanndc made at our recent @CatoInstitute webinar: the original DST push was never just about taxing tech. It was a power grab by the central EU to create an independent revenue stream. As he put it: “the idea at the time was, if we come up with a tax where we can keep the revenue, this is just the first step to more European Union independence — independence from member states.”
That dynamic hasn’t changed.
Senator Sanders cites Norway and Alaska. Both fund their wealth funds with royalties on oil the state already owned. Neither seized equity in private firms.
"When the government supplies public services, its goal should be to supply those public services as efficiently as possible—not run a tax-and-transfer system to aid the relatively small number of people lucky enough to be union members."
https://t.co/S2nKUyvdYP
“Unchallenged”. Ok, Tal, consider it challenged. The author cites BLS, but the page to which he links is in nominal dollars. So the author had to choose a price deflator to put it in real dollars. /1
The two-party system means choosing between a politician who wants the government to own part of US Steel and a politician who wants the government to own Anthropic