Author: CreativeDeduction

Is taxation theft?

Taxation is theft. For those who follow a strict definition of private property rights there is little doubt: the morality of taking that which belongs to [...]

Beware the pitfalls of a 70% tax on the rich

Radicalism has arrived at the centre of US tax policy. Alexandria Ocasio-Cortez, the mercurial New York congresswoman, recently proposed a 70% marginal tax [...]

How war damages capitalism’s reputation

Free-market capitalism has a bad reputation. The easy promises of socialism are an obvious part of the problem, able as it is to paint the individualism of [...]

Climate change is Big Government’s Trojan horse

When thousands of school children walked out of class to join a UK-wide protest against political inaction on climate change, they were widely applauded. Some [...]

Do we have a crisis of democracy?

Is democracy experiencing a bit of a crisis? The Brexit process has highlighted the risk the establishment runs when they ask “the people”; the French [...]

Is austerity killing the poor?

Austerity has a bad reputation. The (thoroughly unsuccessful) attempts to balance the books in western democracies – who for decades have been spending more [...]

Don’t believe the left’s structural explanations of inequality

Inequalities, the left is keen to tell us, are entrenched. When more blacks are stop-searched by police it is used as proof of institutionalised racism. If [...]

The delusions of Modern Monetary Theory

Modern Monetary Theory (“MMT”) is the new cool kid on the economic ideas block. Well, it’s not quite new: MMT traces its root back to the early [...]

Is the government always wrong?

For libertarians, the state is the enemy. We are opposed to government from a philosophical as well as a utilitarian angle, believing that voluntary [...]

Don’t listen to the left: Let’s celebrate the belief in meritocracy

Where is the revolution? That’s the question the Guardian columnist Polly Toynbee asks in her column entitled ‘How the right tricked people into supporting [...]