Category Archives: Economics

The Wisdom Of Elon

I don’t have time to respond right now — I’m getting ready to go down to La Jolla for the ISDC. I may write something on Sunday. Anyway, feel free to discuss in comments.

[Update a while later]

FWIW, I retweeted to Elon with this link.

ObamaCare’s Fatal Flaw

…is it taking effect?

the Obama administration is openly admitting that their health law won’t work without the willing cooperation of people who can expect to be harmed by the law — including young people, doctors, and health industry workers.

As author Ayn Rand’s noted in her novel Atlas Shrugged:

A viler evil than to murder a man, is to sell him suicide as an act of virtue. A viler evil than to throw a man into a sacrificial furnace, is to demand that he leap in, of his own will, and that he build the furnace, besides.

That’s what is happening with Obamacare.

But this also means that Americans have a powerful weapon — their ability to say “no.” If the Obama administration needs our willing cooperation for their law to work, we can fight back by withdrawing that cooperation. As Dr. Megan Edison recently wrote in response to the call for her and her fellow pediatricians to funnel more patients into ObamaCare, “Primum non nocere. I will not comply.”

Nor should any of us tolerate this tyranny, particularly in light of recent events.

The IRS Scandal

The real one, not the ones being promulgated by leftist journalists ignorant of the law:

The real scandal is that all these complicated tax rules exist. If we would just eliminate the corporate income tax, then people could organize groups, or not, just as they please. And the IRS would not be in the position of deciding what counts as excessive political activity.

Yes. The corporate income tax is an abomination, on many levels, and one of the causes of slowed economic growth.