Together with Benno Torgler and Katharina Gangl, I published a piece recently on how to tax the powerful and sophisticated. Our substantive argument on what one should do becomes relatively simple once you understand what happened in the world of Anglo-Saxon taxation the last 50 years.
The Fairness Doctrine was a 1949 policy that required holders of broadcast licenses (so TV and radio) to air contrasting views on controversial issues of public importance. It was upheld by the Supreme Court in 1969 but eventually was abolished in 1987 by the FCC commission under the influence of Ronald Reagan. An attempt to reinstate it by Democrat controlled congress was vetoed by Reagan.
Guess which crackpot started his article on covid in that notorious right-wing publication ‘The Guardian’ with the sentence “The virus has been used as a pretext in many countries to crush dissent, criminalise freedoms and silence reporting”?
News Corp is telling us what Google should really pay for linking to its sites. It’s telling us in code. And the answer is … $0.00.
The ACCC’s proposed bargaining process between digital giants and media companies – such as Google and News Corp – is unmoored from reality.
In 2005 I did my first economic projections of the major powers (published in a textbook) and 
The federal government has overpromised and underdelivered on the COVID-19 vaccine. It deserves to be criticised for that.
But delaying immunisation means that Australia may — albeit accidentally — be doing the right thing.
While the hysteria marches on here in Europe, an interesting economics article came out in a decent journal on the political economy of that mass hysteria. Their abstract:
