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Hoover Daily Report | March 16, 2026

Today, Joshua Rauh debates one of the creators of the proposed California Billionaires’ Tax on its merits and points out how it will leave California worse off in the long run. Ross Levine writes in the voice of Adam Smith to articulate just exactly how the “invisible hand” directs economic cooperation among millions of participants in the marketplace. And Russ Roberts explores why Duke University hands out free tickets to one of its most sought-after sporting events. Hoover Daily Report | March 16, 2026

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