clay schöntruppoverty in the u.s.a.sure, america is rich. but a lot of people love to argue that this doesn’t really matter when it comes to the quality of life for the…Feb 52Feb 52
clay schöntrupa georgist rationalist constitutionwe, the people of the united states, establish this constitution to secure individual liberty, mutual prosperity, and just governance…Jan 314Jan 314
clay schöntrupthe schöntrup index: a more nuanced measure of economic inequalitypronunciation: “shurn-trup” — the ‘ö’ sounds like the ‘u’ in “burn”, and the ‘up’ sounds like “oop” in “troop”Jan 133Jan 133
clay schöntrupland value tax discussion with jeremiah johnsonJeremiah Johnson once commented to me that he felt land value tax (l.v.t.) has not just neutral but negative deadweight loss, in…Jan 91Jan 91
clay schöntrupthe gift card fallacy: misunderstanding value in economic transactionsgifts are a cornerstone of human relationships, but when it comes to economics, they can create inefficiencies. this “gift card fallacy”…Dec 1, 2024Dec 1, 2024
clay schöntrupMarket Equitism: A New Approach to Freedom and EqualityEconomic inequality is one of the most pressing challenges of our time. The gap between the rich and the poor has been widening in many…Nov 2, 2024Nov 2, 2024
clay schöntrupExpansionist Free Equitism: A Manifesto for Rational ProgressThe stakes could not be higher. We stand at a crossroads between a future of unprecedented human flourishing and a descent into…Oct 27, 2024Oct 27, 2024
clay schöntrupthe proportional representation fallacyimagine the simplest conceivable proportional representation scenario. the electorate is divided into 3 equally-sized ideologically…Jan 13, 20242Jan 13, 20242
clay schöntrupnew liberalpolitical parties historically suffer from “ideological drift”. they have founding principles, but those become muddled over time. to…Oct 16, 20231Oct 16, 20231
clay schöntrupends vs meansi think an under-appreciated distinction in politics is the focus on ends vs means. while people have legitimate disagreements about the…Jun 24, 2022Jun 24, 2022
clay schöntrupdoes a land value tax have zero or negative deadweight loss?i was recently reading the wikipedia article on optimal taxation theory, when i came across an assertion that land value taxes (LVT) have…Jun 26, 20221Jun 26, 20221
clay schöntrupcarbon tax vs cap-and-tradein order to compare a carbon tax to cap-and-trade, we must first describe what a negative externality is.Dec 21, 2022Dec 21, 2022
clay schöntrupneoliberalism is not classical liberalismneoliberalism and classical liberalism are both ideologies that advocate for limited government intervention in the economy and for the…Jan 22, 2023Jan 22, 2023
clay schöntrupcost“cost” is defined as an amount that has to be paid or spent to buy or obtain something.Jan 23, 2023Jan 23, 2023
clay schöntrupprices are a shortcuti recently encountered a stridently market-denying leftist on twitter, and i think their common misconceptions of economics are…Feb 23, 2023Feb 23, 2023
clay schöntruplvt productivitythere’s a claim that LVT is beneficial because it causes land to be more efficiently allocated. But this is irrational because the current…May 12, 2023May 12, 2023
clay schöntrupprogressive taxation is badimagine you could choose between the two following tax formulas.Dec 12, 202121Dec 12, 202121