Now, I’m reading In Defense of Global Capitalism by Johan Norberg. It’s a primer on capitalism directed toward youthful wannabe anarchists. I didn’t think I’d enjoy it, but Norberg is brilliant in his ability to simplify concepts that escape mainstream policymakers. Here’s just one example:

We have alcohol taxes to reduce consumption of alcohol, tobacco taxes to reduce smoking, and environmental taxes to reduce pollution. So where do we expect the taxation of endeavor, work, and saving to get us?