It sounds seductively simple: tax the billionaires, fund the state. But the mechanics of a wealth tax reveal a bureaucratic nightmare that has consistently failed in Europe. Why do we keep proposing a policy that costs more to administer than it yields?
When everyone watches something different, how do we establish a shared national reality?
The environmental left's push for managed poverty will alienate the working class they claim to represent.
Proponents ignore the fundamental reality of supply constraints when injecting demand.
Politicians are passing laws to regulate theoretical existential risks while ignoring the mundane reality of algorithmic bias today.
A political class aged in their late 70s and 80s cannot adequately legislate for a future they will not inhabit.
We must accept that the post-war housing model is dead, and build robust rental markets instead.