What Rothbard can Teach the Public about Inequality

Wall Street's Trillion-Dollar Bet On "Tax Alpha" Tax alpha — the practice of improving investment returns by reducing taxes — has become one of the fastest-growing strategies on Wall Street, according to Bloomberg.  Rather than focusing only on beating the market, many investment firms now design portfolios to minimize taxes, often producing higher after-tax returns even if pre-tax performance is similar to traditional strategies. After years of rising markets, many wealthy Americans hold large unrealized gains in stocks and funds. To address the resulting tax burden, asset managers have developed a wide...

"This Is Election Interference": ChatGPT Safety Warnings Target WinRed Links But Spare ActBlue OpenAI claimed  Friday that a so-called technical glitch was the culprit behind ChatGPT slapping safety warnings on links to affected links to WinRed, the leading online fundraising platform for the Republican candidates. Unsurprisingly, ActBlue, the main Democrat fundraising platform, did not trigger a similar warning. The issue was flagged in an X post by Mike Morrison, an eagled-eyed digital marketer, when he asked ChatGPT to produce links from WinRed and ActBlue. “WILD. ChatGPT universally marks [WinRed] links as potentially...

When accusations of rape and assault were made against Duke University’s lacrosse team in 2006, both the Durham City Police and District Attorney Michael Nifong engaged in law breaking to indict three young men that clearly were innocent.