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For decades, progressive economists have tried to make what one called "the uneasy case for the progressive income tax"--without success.
Higher tax rates on high earners, even if they produce less revenue, are an attempt to centralize power in government and to limit the autonomy and countervailing power of individuals in the voluntary sector. Which is why the liberal bloggers cheer them on.
Roughly 10% of all organ transplants in the world are obtained on the black market. A new investigation by puts a brutal face on that underground world.
Scott Brown's economic platform aligns with what academic literature considers sound economic policy and it won him the election in the bluest of states.
A new policy in Zimbabwe effectively means that all of Zimbabwe's foreign-owned industries are to be nationalized, which may well be the final straw for what's left of Zimbabwe's economy.
Bill Thomas will get a compromise version of his bill moving once opportunistic politicians recognize that this bill is their last chance to affect the economy before the next election.
We can criticize the New Deal for its statist tendencies without losing our moral legitimacy.
Free economic activity among individuals, corporations, and nations boosts such desirable qualities as trust, honesty, and hard work.





