So much confusion would be avoided if we reminded ourselves now and again that economics began not as a search for order but as a search for the explanation of the order that was too obvious to miss.
Yes, Government Seizes 80% Of Your Productivity
The title of Jim Ostrowski’s brief and latest book The Government Takes 80% reads at first like a libertarian’s exaggerated fever-dream of government rapacity over the economy. The government takes 80% of the average American’s productivity every year? It sounds...