Let’s start at -0.1

Steve Waldman and Garrett Jones are having an interesting back and forth over at interfluidity and econlib. It’s about optimal tax rates for capital income and labor income. Jones is a big fan of the Chamley-Judd view that capital income should be taxed at zero. Waldman is not, or more accurately, he thinks the Chamley-Judd… Continue reading Let’s start at -0.1

Poverty and race

You would be surprised how many people do not realize that there are a lot of poor whites in this country. This is especially true among the wealthier white social justice types. For a long time, I assumed that these activists did not care that much about class issues, which is perhaps troubling in some… Continue reading Poverty and race

The corrupt university

Regular readers will know that I do not share the sentiments of many on the left that seem to fetishize the university. I like learning, researching, and theorizing, but the university system as a whole is an anti-egalitarian nightmare. So far, I’ve tended to talk about the class composition of universities, the extent to which… Continue reading The corrupt university