The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike. Adam Davidson activityalikecardinal share on social
I don't think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don't see anybody in our system who is at that level of influence. Adam Davidson 20thcenturychange share on social
A majority of Americans support Social Security and Medicare, a progressive tax system and a government that regulates business in the public interest, but most share deep skepticism about the government's ability to do all this well. Adam Davidson abilityamericanbusiness share on social
Holiday binge-buying has deep roots in American culture: department stores have been associating turkey gluttony with its spending equivalent since they began sponsoring Thanksgiving Day parades in the early 20th century. Adam Davidson 20thamericanassociate share on social
Whenever you hear news about jobless claims or the unemployment rate, you should translate that in your mind to one simple phrase: Stay in school. Adam Davidson claimhearjobless Change image and share on social
When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree. Adam Davidson coverdisagreeeasy Change image and share on social
The economics profession advances by one confusing financial disaster at a time. Adam Davidson advanceconfusedisaster Change image and share on social
In poor countries, the rich and powerful crush the poor and powerless. Adam Davidson countrycrushpoor Change image and share on social
It makes me happy to think that this world of art-as-investment is a minuscule fraction of the art world overall. Most people who create, trade and own art do it for a much simpler reason. They just like it. Adam Davidson artcreatefraction share on social
We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary. Adam Davidson distortionaryfightlevel Change image and share on social