Wealth
Why America’s inequality story doesn’t add up
https://www.youtube.com/watch?v=5ufXVXqXvYo If you're like most Americans, you get the bulk of your cardio from marching in—or fleeing from—pitchfork-wielding mobs. These days, those mobs tend to be chasing oligarchs…
Why Mitt Romney’s Call To Tax the Rich Falls Apart
There is something emotionally satisfying about watching a wealthy person call for higher taxes on people like himself. It feels civic-minded, even noble. A recent commentary by former Utah Sen., Massachusetts Gov., and…
Why college students prefer socialism—and why they’re wrong
People criticize capitalism. A recent Axios-Generation Lab poll says, "College students prefer socialism to capitalism." Why? Because they believe absurd myths. Like the claim that the Soviet Union "wasn't…
The U.S. is stealing from Millennials and Gen Z to make boomers even richer
For years, pointing out the obvious was considered impolite: America's biggest, most distortionary transfer of wealth does not flow from elites to the working class. Nor does it show up as corporate welfare. It flows…
Populists Left and Right Say America Is Failing. The Facts Don’t.
Spend five minutes listening to the American left's most theatrical tribunes—Sen. Bernie Sanders (I–Vt.), Sen. Elizabeth Warren (D–Mass.), or Rep. Alexandria Ocasio-Cortez (D–N.Y.)—and you'll probably hear tales of…
America is in a golden age. Are we headed toward a Roman ending?
We media types obsess about America's problems. But we should acknowledge that today, life in America is better than life has been anywhere, ever. For most of history, the norm was hunger, disease, illiteracy, slavery,…
Trump says he hates socialism. So why is he acting like a socialist?
"America will never be a socialist country!" says President Donald Trump. I hope not. Trump rightly declared socialism "the wrecker of nations and destroyer of societies." But I fear he's confused…
Young people are richer than boomers were
Have you heard how young people suffer now? Scroll TikTok, Instagram, etc., you see the same message: "Young people today can't get ahead!" One popular meme says when baby boomers like me were young, "A…
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