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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 [...]

High corporate pay is a matter for shareholder, not think tanks

Friday the 4th of January was "Fat Cat Friday". According to the High Pay Centre, only three days into the new year the average FTSE 100 chief executive would [...]