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Featured
Understanding Thomas Piketty’s Capital in the 21st Century
ExplainersIn the past decade, the theoretical and empirical arguments of French economist Thomas Piketty have attracted widespread attention. -
Featured
Forecasts Stable: The Fed Should Take a Breather
The Daily EconomyMonetary policy is right where we want it: close to neutral. No cuts are needed as price pressures continue to moderate. -
Podcast
Welfare Policy Rightly Understood
EconceptionHow should free market supporters think about welfare programs? Is road congestion pricing a good idea? And what’s the matter with the Endangered Species Act? Dominic Pino discusses this on the latest episode of Econception.
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The Daily EconomyWe shortchange America’s children, and our future, if we don’t teach students the most valuable lesson of all. -
The Daily EconomyThe only difference between taxes and tariffs is the location of the seller. Regardless, the buyer pays the cost.
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The Daily EconomyA carbon tax puts a price on emissions externalities. Conflating it with heavy-handed regulations killed its simplicity and hamstrung its popularity.
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The Daily EconomyThe power of companies, like government, is supposed to come from the people they serve.
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The Daily EconomyAdam Smith’s recipe of “peace, easy taxes, and a tolerable administration of justice” explains much of the discrepancy in GDP.
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Exploring the full range of conservative thought through conversations and debate.
There has never been conformity or unanimity among conservatives. Conservatism contains many different factions and varieties of thought. The Philadelphia Society has always been dedicated to fostering conversation. This volume is published in that spirit.
