Marlène Schiappa et Julien Bargeton: Pécresse se contente de faire de la gestion latribune.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latribune.fr Daily Mail and Mail on Sunday newspapers.
Taxation Tales and the Window Tax
Taxation Tales and the Window Tax
H.L. Mencken once wrote: Taxation . . . is eternally lively; it concerns nine-tenths of us more directly than either smallpox or golf, and has just as much drama in it; moreover, it has been mellowed and made gay by as many gaudy, preposterous theories.
Rebellion, Rascals, and Revenue: Tax Follies and Wisdom Through the Ages. For those (including economics instructors) looking to replenish and refresh their dusty anecdotes about offbeat tax policies, this is the book you ve been waiting for. The book itself is an easy read, with copious footnotes leading to the research literature for those who want more detail. They write at the start:
La théorie keynésienne de la planche à billets peut-elle s appliquer à l économie algérienne ? lnr-dz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lnr-dz.com Daily Mail and Mail on Sunday newspapers.
It Took the Democrats Half a Century to Rediscover Trickle-Up Economics
While Republicans cling to trickle-down delusions, Biden is reviving a philosophy of growth that the party hasn’t embraced since LBJ.
Alex Wong/Getty Images
When Republicans began reformulating their tax philosophy in the late 1970s, they looked to their party’s policies in the 1920s for inspiration. I remember Jude Wanniski, the late conservative journalist, telling me that he knew nothing about Republican tax cuts in the 1920s until he read about them in Herb Stein’s 1969 book,
The Fiscal Revolution in America
. Today, Democrats may also find inspiration in economic debates of the 1920s this one about whether underconsumption has slowed the rate of economic growth.
This article explains why attempting to achieve economic outcomes by managing interest rates fails. The basis of monetary interventionist theories ignores the discoveries of earlier free-market thinkers, particularly Say, Turgot and Böhm-Bawerk.
It also ignores Gibson’s paradox, which demolishes the theory that managing interest rates controls price inflation. And incredulously, the whole basis of banking regulation assumes that commercial banks are just intermediaries between depositors and borrowers. That model of banking fails to address the simple fact that banks create credit out of thin air and that deposits are the property of the banks, and not their customers.