Sonic Axes to Grind

Looking for some summer reading? Capitalism and the Jews, by Jerry Z. Muller: This new book grew out of Muller’s monumentally important earlier work The Mind and the Market: Capitalism in ...

Tax Deductions and Vouchers

Jerry, I certainly know where you are coming from. I guess I look at this the same way I look at government-distributed school vouchers. In our seasteading future, maybe government ...

Means, Not Aims

If one cares about that goal — “reduce the size of government to the greatest extent possible” — then supporting the limitation of deductions today without some broader reform won’t ...

The Politics of Eliminating Deductions

Jerry/Iain: Former Ways and Means economist Alex Brill and Treasury official Phil Swagel argue that absent more fundamental reform, ridding the tax code of various deductions, including charitable deductions ...

Why Aren’t They Making Their Payments?

If you want to get a good handle on the kind of toxic waste Hank Paulson and Congress think we need to buy, read “Behind the Housing Crash: Confessions from ...

From Hamilton to Wallison?

Jim McTague of Barron’s takes a look at who might run Treasury in a new administration: I believe… that McCain would go for Peter Wallison, a former Treasury official now ...

The Acronym We Need

Courtesy of Breaking Views: The US government’s $700bn bailout plan needs a name — what should it be called? The US Treasury likes ‘Troubled Asset Relief Programme’, or Tarp. One of ...

Chris Cox and the Shorts

No, that’s not the name of a surf band. I’ve received lots of email from people who are ticked off about Chris Cox and the removal of the uptick rule. ...

Cox

At a time when the federal government is nationalizing big chunks of the financial services industry, it is odd that Sen. McCain would attack SEC chairman Christopher Cox and call ...

A Bastion of Sanity

I had the good fortune this week of ex-Foleyating myself from Washington. I visited St. Vincent College in Pennsylvania, the first Benedictine college in the country, where I delivered a ...