Post Tagged 'Warren Buffett'

October 17, 2012

Mansa Musa and the Magic of the Free Market

A new study has produced an inflation-adjusted list of the richest people of all time. To give you an idea of just how rich the rich people on the list are consider that Sam Walton and Warren Buffett are the poorest guys to make the cut. Continue Reading...

May 07, 2012

You Can Keep Preaching About Tax Fairness, Mr. King, But Cut a Check First

Novelist Stephen King recently added his voice to the chorus of superrich clamoring to be taxed more. He knows his critics will call for him to “Cut a check and shut up,” but King says he’s not going to be keep quiet. Continue Reading...

April 25, 2012

Why Don’t More People Donate Money to the Government?

“‘What’s stopping Warren Buffett from paying more taxes?’ is a red herring,” says economist Bryan Caplan. ” The fundamental question is: ‘Why is government’s share of the voluntary donations market so damn small?'” Continue Reading...

August 24, 2011

Richard Epstein takes on papal economics

Noted NYU law professor and free-market advocate Richard Epstein has written a provocative piece titled “How is Warren Buffett like the Pope? They are both dead wrong on economics.” Here’s the money quote: The great advantage of competition in markets is that it exhausts all gains from trade, which thus allows individuals to attain higher levels of welfare. Continue Reading...

August 16, 2011

Samuel Gregg: Taxing Warren Buffett

In “Stop Coddling the Super-Rich” investor Warren Buffett, one of the world’s wealthiest men, makes a case for upping the tax rate on the “mega-rich” in America. In a response published on National Review Online, Acton Research Director Samuel Gregg observes that “this is a broken record that Mr. Continue Reading...