Wednesday, March 28, 2012


The fraud involved in the theory that tax cuts pay for themselves; "some lessons here to be learned about how people think and how they want to be convinced things work. When confronted with something they don’t like, like taxes, they are happy to believe a secondary effect, namely stifled growth, actually dominates a primary effect, namely tax revenue. It’s wishful thinking but it’s human nature."

Bolivia has transformed itself by ignoring the Washington Consensus

What causes inequality: institutions, culture, or taxes?

The health care system in the UK is pronounced dead, or nearly so.

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