Acton Institute Powerblog Archives

Post Tagged '‘The Wealth of Nations’ (1776)'

The Wealth Tax Must Die

The wealth tax is the ultimate zombie policy: It’s been tried, tested, and rejected across Europe, yet it has returned to the United States with renewed fervor, driven by the politics of envy disguised as justice. Continue Reading...

What Exactly Are the ‘Common Goods’?

At some point in their economics curriculum, every undergraduate will learn the “guns and butter” model of trade. The idea is simple: Countries have limited resources and can devote them either to military production or to consumer goods. Continue Reading...