All students of economics will sooner or later be confronted with the standard neoclassical analysis of deadweight loss from taxation. The point of this analysis is not to clarify what the government's tax revenues should…

For the most part, economists don’t give people advice on how to run their lives. Rather we tend to focus on explaining the behavior of consumers and businesses, usually assuming they are at least somewhat…

[Scroll to the end for a couple final reactions to comments .] In a reflective moment, George Orwell wrote, “Every line of serious work that I have written since 1936 has been written, directly or…