Wealth Taxes: The Tale of “Tuh”
There is a big push to implement wealth taxes, partly as a way of raising revenue, but mostly as a punitive measure to reduce inequality. In fact, our politicians have been refreshingly candid: The goal is to punish the rich, even if it harms the overall economy. This is pure naked economic puritanism, of the […]
Les Snead on Risk, Decisions, and Football
0:37 Intro. [Recording date: May 9, 2023.] Russ Roberts: Today is May 9th, 2023, and my guest is Les Snead. Les is the general manager [GM] of the Los Angeles Rams in the National Football League–the NFL. Les, welcome to EconTalk. Les Snead: Jacked to be here, Russ. Russ Roberts: Oh, so nice. Les Snead: […]
Is There a Covid Wastewater Spike in New York City?
By Lambert Strether of Corrente. With respect to “upticks” — Covid “upticks” going up, “plummets” going down — both Covid and the public health establishment (and the political class (and the press)) have form, well pictured in this maybe-famous chart: I have been thinking about how different people interpret data differently. And made this xkcd […]
Who is keeping coal alive?
Mountains of coal are piled beneath azure skies at the port of Newcastle, Australia. Giant shovels chip away at them, scooping the fuel onto conveyor belts, which whizz it to cargo ships that can be as long as three football pitches. The harbour’s terminals handle 200m tonnes of the stuff a year, making Newcastle the […]
The world’s trading system needs to ditch its paper trail
Chris Southworth is secretary general of the International Chamber of Commerce, United Kingdom We think of the world today as a digital one. But right now the global trading system is suffocating under a mountain of billions of paper documents. It doesn’t need to be that way. A recent Trade Barometer survey by Santander UK […]
