Freeman

IN BRIEF

Search for Budget Compromise in Trouble

JUNE 24, 2011

“Congressional Republicans on Thursday abandoned budget talks aimed at clearing the way for a federal debt limit increase, leaving the outcome in doubt as they vowed not to give in to a Democratic push for new tax revenues as part of any compromise.” (New York Times)

The last thing government should get is more revenue.

FEE Timely Classic
“Higher Income Taxes Are Benign? It Just Ain’t So” by Jeb Bleckly and Joshua C. Hall

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December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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