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Liberty Lens - An Economics Substack

Joshua Rauh, Gregory Kearney, Daniel Heil, Benjamin Jaros, John Doran

Questioning assumptions and re-assessing conventional wisdom

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Substack
PricingOnly free issuesPublishesWeekly
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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Supply Chains, National Security, and the Limits of Industrial Policy

The debate over trade and industrial policy has increasingly been framed as a choice between two camps. On one side are defenders of free trade and free markets who are broadly correct on the economics, and who rightly point out that many e...

13 days ago
11
0

First Contact With Reality: The California Billionaire Tax

[Hello Liberty Lensers. This is the text I used for my opening remarks at the debate. Watch it here. Detailed calculations on revenues are in our prior post. More to come.]

a month ago
19
0

A Good Start: CBO’s Return to GitHub

Part 6 in the Checking the Scorekeepers series

a month ago
5
0

The Fiscal Losses from California's Billionaire Tax Act

This past fall, a coalition of labor unions filed the 2026 Billionaire Tax Act (“the Act”) with the California Attorney General. The ballot initiative would impose a “one-time” 5 percent tax on the worldwide net worth of individuals with as...

a month ago
19
0

Authors

The writers behind this newsletter.

  • Joshua Rauh

    Stanford Finance Professor, Senior Fellow at the Hoover Institution, Co-Founder of the Global Liberty Institute

  • Gregory Kearney

    Researcher at the Hoover Institution, Contributor to Liberty Lens.

  • Daniel Heil

    I'm a policy fellow at the Hoover Institution, researching health care, entitlement reform, and the federal budget.

  • Benjamin Jaros

    Research Fellow at the Hoover Institution and Economist interested in Public Finance, Taxation, and Economic History.

  • John Doran

    John Doran is a research analyst for the Hoover Institution’s Fiscal Policy Initiative. His research interests include public finance, financial economics, and monetary economics.

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