Jul 28, 2021
If there’s a single core principle in economics, it’s that people respond to incentives. Whether governments intend to, imposing taxes on people causes those people to change their behaviors. Consequently, governments end up collecting less tax revenue than they anticipated and often cause people to waste their time...
Jul 21, 2021
Over the past century and a half, the federal government has quietly morphed from a government based on a constitution to a government based on a constitutional tradition. As it has done so, the Supreme Court has come to replace the Constitution as the limiting force on government. As the Supreme Court is, itself, part...
Jul 14, 2021
Consumer prices have been rising more than usual since February. James and Ant discuss the nature of inflation, what causes it, and when it is and isn’t a bad thing.
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