Adam Smith Institute

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Blog Review 859

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blog-review-859

Revisting Ricardo on rent (and Tim Harford on Ricardo on rent).

No, we really don't want to insist that politicians do nothing else in their days than politics. In fact, given the mess they make of politics, can't we insist that they all have other full time jobs? Perhaps if they find enough energy to interfere in our live anyway we could insist they do mandatory overtime?

It doesn't matter whether compulsory volunteering is temporary or permanent: it's still slavery.

The structure of a tax system is indeed extremely important.

Words of wisdom as a quote of the day.

On the (in) efficiency of government.

And finally, no more insane than some investment selection procedures.