BOHANON & STYRING: Those favoring robot tax driven by unfounded fears
the technological innovations of the last 60 years have replaced some jobs, but they have created new jobs that were unimaginable in 1957.
the technological innovations of the last 60 years have replaced some jobs, but they have created new jobs that were unimaginable in 1957.
When the Congressional Budget Office scores a bill, it has to follow certain rules. Fair enough. But by nature, this excludes plausible details in the administration of the law.
One doesn’t have to bless or even condone illegal immigration to understand the powerful incentives driving it.
A revenue-neutral corporate-tax-rate cut, instead of border adjustment, could be financed by eliminating tax loopholes or raising other taxes. But these tax offsets fall on Americans.
Here is the dirty little secret behind all rankings. More than anything else, they reveal the policy preferences of the organization doing the ranking.
The Trump administration is known for its anti-manipulation rhetoric, but so are Bernie Sanders and other Democrats. Complaining about this is a bipartisan sport.
Our Legislature is debating whether to remove the requirement that hair braiders obtain a cosmetology license to practice their craft.
Manufacturing employment as a share of total employment is down from 25 percent to less than 10 percent. It has fallen under every U.S. president since Truman.
Clear and enforceable property rights are at the core of any prosperous and free economy.
How do we make Mexico pay for the wall? “Mexico” is a nation-state abstraction. Economists insist all costs are borne by people, not legal entities called countries or corporations.
If you think federal spending and deficits are out of control or that the state of Indiana needs a bigger surplus, advocate cigarette smoking.
Netflix, a for-profit enterprise, is able to collect enough in fees to keep its network thriving and sustainable.
Do kids who go through Head Start-type programs ultimately wind up learning more than comparable kids who don’t? The answer is pretty clearly no.
Any action that limits access to a legal product raises prices consumers pay. Black and gray markets usually follow.
Get the economy humming and all else will be forgiven. Don’t try putting a square peg in a round hole, thereby igniting a trade war.
Life was pretty miserable before fossil fuels replaced animal and human muscle power.
The Law of Demand is a bedrock theorem of economics. Increase the price of something and you get less of it. Decrease the price of something, you get more of it.
The $7 million benefit over a 10-year period is peanuts compared to the near $65 million in annual savings Carrier would garner from the Mexico move.
Since the election, markets have all been telling a fascinating tale: more economic growth, higher inflation, a stronger dollar, higher interest rates and pressure toward even larger trade deficits.
Here’s the primer on what Obamacara was, is, and may be.