By making the higher incomes pay a larger share of the public expenditures than lower incomes, one impedes the operation of capital and eliminates the tendency, which prevails in a society with increasing capital, to increase the marginal productivity of labor and therefore to raise wages.
October 2, 2020 They Are All Socialists Now
In his reelection campaign, President Trump declares, “America will never be a socialist country” … well … except for: Social Security Medicare Medicaid Public (i.e., government) schooling The federal income tax Welfare Public housing Education grants Farm subsidies Food stamps Corporate bailouts Stimulus payments Immigration controls The welfare state The military establishment ...
'We the People' Lose
by Jacob G. Hornberger
Republicans and Democrats alike fear that the other party will attempt to hijack this election. President Trump is convinced...
The Horrors of U.S. Foreign Policy
by Ted Galen Carpenter, Jacob Hornberger, and Richard Ebeling
Did you notice that foreign policy was not even mentioned in this week's presidential debate? Join special ...
Pandemic Follies: Tyranny Won't Keep Us Safe
by James Bovard
Politicians have destroyed more than 13 million jobs this year in a deluge of edicts aimed to fight the COVID-19 pandemic. More than 200,000 ...
Stakeholder Fascism Means More Loss of Liberty
by Richard M. Ebeling
A strong wave of anti-free market thinking and policy proposals are currently dominating the debates over the role of government in society. From calls ...
What Is Good for Students Might Be Bad for Taxpayers
by Laurence M. Vance
The federal Department of Education was created in 1979 by Jimmy Carter and his Democratic-controlled Congress. It was established by the Department of Education ...
