Guest Blog Post: A Different Dictator


David James has generously allowed WC to post his thoughtful comments over on Facebook here at Wickersham’s Conscience. James and WC don’t agree on everything, but this is insightful. WC rarely surrenders the soapbox. But will just this once. A Different Dictator, by David James One of the major reasons I could not vote for…

An asymmetric Laffer curve with a maximum revenue point at around a 70% tax rate, based on estimates by Trabandt and Uhlig (2011)

Trump, Voodoo Economics and the Laffer Curve


It’s seriously annoying to WC that anyone listens to a claim that lowering taxes will trigger an economic boom which will “pay for itself” in increased government revenue. The claim is absolute garbage. It’s what George H.W. Bush called “voodoo economics.” President Ronald Reagan pioneered the program, cutting taxes on his rich buddies. The economy…