December 17, 2010
The case against inheritance tax
In DOF I've argued vigorously against James Meade's (a Nobel prize winner in economics) arguments for an inheritance tax. John Rawls took on Meade's arguments to propose a dramatically enhanced welfare state with strong redistribution.
An article in The New York Times today by Russell Roberts (who is a research fellow at Stanford University’s Hoover Institution and professor of economics at George Mason University) and co-author of Cafe Hayek prompted me to make a comment on the Cafe Hayek blog.
I encourage you to read Russell's argument but note two other key arguments that I've made in DOF. Let me reproduce the entire section: