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Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

First Person

FreeMarket Central

How I Got Mugged by Reality and Became a Conservative

Mike Jensen

Going through a public school system and being taught by teachers who more than lean to the left, my thoughts and ideas were incubated in a bubble of combined confirmation of bias and an arrogant self-assurance. When I started college, I was almost a textbook urban, liberal democrat. ...

 

Then, to quote Alan Greenspan, I “got mugged by Reality.” I began to have experiences that challenged my worldview. I worked in my local government as an accounting intern for the Department of Streets and I took courses in Economics, but, perhaps most importantly, I realized how empowering conservative ideology can be as a worldview.

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Wisdom

Free Thinkers Don't Fear Retaliation For Thoughts

"Free thinkers don't fear retaliation for your thoughts. The traditional thinkers are only using thoughts and words but they are in a mental prison. You are free. You've already won. Feel energized. Move in love not fear. Be afraid of nothing."

-- Kanye West,

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In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

-- Daniel J. Mitchell,

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FreeMarket Central

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