Tagged: Redistribution

Resonant Hobbes

  I have claimed beforeĀ that civil society is a fragile thing. I’ll add to that that the more civil a society is the more fragile it is. By “civil” here I mean “be-stated”, and...

Stimulus first, austerity later

Via Alex Tabarrok, a recent study by Richard Evans, Laurence Kotiloff, and Kerk Philips at VoxEU examines the effects of long-term large-scale redistribution of young Americansā€™ savings to the elderly: [T]he young, because they...

Redistribution and the State

I’ve written recently about what I termed ‘front-end’ redistribution. That is, redistribution of wealth and resources prior to state redistribution – or, the way it should be in a perfect world. One example of...

It usually begins with Ayn Rand

Jonathan Chait’s essay on Ayn Rand is worth a read. Given the rise of the tea party movement, his basic point – that Rand’s influence has led to an over-emphasis on a morally absolutist...