The Folk Theory of Labor Markets

A common mistake I see some conservatives make when embracing excessive government regulation of immigration is the belief that lowering the number of immigrants will increase native born workers’ wages. This comes from a failure to fully understand basic economics. … Continue reading

Posted by at 05:00 | Posted in Government Regulation | Tagged | 15 Comments

The RAISE Act is mighty revealing

The RAISE Act is an anti-immigration bill sponsored by Senators Tom Cotton of Arkansas and David Perdue of Georgia. It contains some interesting ideas about changing our selection process from a family-based system to a merit-based system, but the main … Continue reading

Posted by at 05:00 | Posted in Republican Party | Tagged | 39 Comments

Divorcing Lady Liberty

Numerous recent news stories have reported on high-net-worth Americans renouncing their U.S. citizenship to protect assets from high tax rates. Last Friday, a Wall Street Journal editorial suggested the U.S. government should not seek to “punish” ex-citizens through high “exit … Continue reading

Posted by at 11:08 | Posted in Economy, Taxes, Uncategorized | Tagged , , , | 32 Comments

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