Archive for D.W. MacKenzie

D. W. MacKenzie teaches economics at the Coast Guard Academy.

How to Create the Illusion of Low Taxes

To the surprise of opponents of big government, the U.S. Bureau of Economic Analysis (BEA) estimates that taxes at all levels of government take only 9.2 percent of our income, the lowest rate since Harry Truman was president. USA Today and various news-media personalities, like Chris Matthews of MSNBC, have used this statistic to hammer [...]

22Sep2010 | D.W. MacKenzie | 1 comment | Continued

How to Create the Illusion of Low Taxes

To the surprise of opponents of big government, the U.S Bureau of Economic Analysis (BEA) estimates that taxes at all levels of government take only 9.2 percent of our income, the lowest rate since Harry Truman was president.

25May2010 | D.W. MacKenzie | 13 comments | Continued

Tolls on the Road to Serfdom

D.W. MacKenzie is an assistant professor of economics and finance at SUNY Plattsburgh. Many people think their taxes are too high and that the tax system is unfair. While those who favor individual liberty might find this encouraging, the specific reasons for discontent are not entirely positive. Many Americans think the current system is unfair [...]

1Apr2007 | D.W. MacKenzie | 0 comments | Continued

I, Government

I am government–the institution known the world over to all who pay taxes, get subsidies, and face regulation. Coercion is both my vocation and my avocation; it is in my very nature to compel others to do that which they otherwise would not do. My nature should then be of great concern to you as [...]

1Oct2002 | D.W. MacKenzie | 1 comment | Continued

The Price System as Can Opener

Both the subject matter and the choice between paradigms in economics contain interesting and perplexing problems. A key problem that we face in society, as F. A. Hayek pointed out as far back as 1945, is in making use of widely dispersed knowledge regarding available means in satisfying human wants. The key problem that we [...]

1Jan2002 | D.W. MacKenzie | 1 comment | Continued
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