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IRS Licensing of Tax Preparers Is Ripe for Abuse
Roughly a quarter of all jobs in America now require some sort of occupational license. Sixty years ago, it was about one job in…
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September Inflation Remains High and Fixable
Inflation remains high, with September’s numbers coming in at a 5.4 percent annualized rate, the highest number in a decade. The Federal Reserve’s target…
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The 2021 Economics Nobels: The Importance of Empiricism, and its Limits
The economics Nobel is given to individuals, but it often really intends to recognize schools of thought or methodological approaches. That is the case with…
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This Week in Ridiculous Regulations
Katherine Tai, the new U.S. Trade Representative, gave a major speech affirming President Biden’s commitment to former President Trump’s trade protectionism. Facebook’s website…
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Public Interest Groups Challenge Nasdaq Diversity Rule in Federal Court
Back in August, I wrote about the new board diversity requirements on Nasdaq-listed companies that had been approved by the Securities and Exchange…
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IRS Needlessly Chases Minnows to Catch Whales
As part of its Fiscal Year 2022 Revenue Proposals, the Internal Revenue Service (IRS) has asked Congress to authorize a sweeping new financial reporting…