Responding to the New Direct Tax Code

Mukul Asher & Amarendu Nandy and S. Narayan have interesting responses on the new direct tax code. I have two areas of disagreement with the new direct tax code: on the treatment of capital income and on the issue of non-interference with globalisation.

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How Could J.S. Mill Have Reconciled his Views on Liberty and Indoctrination of Morals?

In “John Stuart Mill, Victorian Firebrand” Richard Reeves suggests that the question of whether Mill’s essay, “Utilitarianism”, can be reconciled with his more famous essay, “On Liberty”, is one that “will keep scholars engaged for the foreseeable future” (p. 330). That is probably correct, but I don’t think Mill would have had a huge . . . → Read More: How Could J.S. Mill Have Reconciled his Views on Liberty and Indoctrination of Morals?

Home Sales Spike Up; Asian Shares Surge

To close out last week, existing-home sales were reported to spiked up to their highest level in nearly two years from June to July with home resales bouncing 7.2%. It was the highest month-over-month percentage increase in more than 10 years.

“The housing market has decisively turned for the better,” said Lawrence Yun, . . . → Read More: Home Sales Spike Up; Asian Shares Surge