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Politics and the Economics of the Carbon Tax

 Economists should not let the allure of an optimal tax create an impression that carbon taxation will benefit the economy. (photo/Dori)

Economists should not let the allure of an optimal tax create an impression that carbon taxation will benefit the economy. (photo/Dori)

A carbon tax involves some good economics and is probably the best way to address global warming. And yet I think that adopting the tax represents bad policy. My reservations involve the politics of policy implementation as examined by Nobel prize-winning economist James Buchanan.

Before getting to my concerns, let’s consider two other arguments against…

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Giving creates opportunities for students at TROY’s Johnson Center

The generosity of donors like Dr. Manuel H. Johnson and Dr. Harrel McKinney have created opportunities for students at Troy University,

The generosity of donors like Dr. Manuel H. Johnson and Dr. Harrel McKinney have created opportunities for students at Troy University,

The students come from all walks of life and all around the world, but all have one thing in common—they all say financial support from Troy University’s Johnson Center for Political Economy changed their lives.

Donor support provides not only scholarships, but also defers the costs of travel to conferences, creating life-changing learning opportunities for…

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