by Henry Oliner | Jan 12, 2014 | Economics
Donald Boudreaux wrote an excellent piece Questions for redistribution’s proponents: A few gems: • While Dr. Smith earns more money than does poet Jones, poet Jones earns more leisure than does Dr. Smith. Do you believe leisure has value to those who possess it?...
by Henry Oliner | Dec 19, 2013 | Economics, Taxes
Scott Grannis posts in his blog, Calafia Beach Pundit, Tax Shares Update: In 2011, it took $389K or more of adjusted gross income to make it into the top 1% of income earners, and they paid 35% of all federal income taxes. The top 5% of income earners made at least...
by Henry Oliner | Jul 14, 2013 | Economy, Social, Uncategorized
Economist Mark Perry analyzes why the disappearing middle class is not necessarily a bad thing. It is because they are entering the upper class , not because they are falling into the lower class. From his post,Yes, the middle-class has been disappearing, but they...
by Henry Oliner | Jul 20, 2012 | Politics
We commonly think of a prejudice as “unreasonable feelings, opinions, or attitudes, especially of a hostile nature, regarding a racial, religious, or national group” but it can also mean “an unfavorable opinion or feeling formed beforehand or...
by Henry Oliner | Jul 13, 2012 | Economics, Politics
In the discourse we now know as the class war, we see some of the same characteristics of prejudice applied to economic classes. We see the rich demonized. All of the wealthy are held accountable for the behavior of the worst among them, but are not credited with the...
