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The global economic crisis, which had a strong impact on virtually all states of the world, brought additional challenges to the public sector. The governments had to choose between two alternatives: ...
Max Hartwell’s paper gives usa picture of the good old days. Having just paid my taxes, or at any rate the federal-income-tax portion of them, Jam not inclined to view favorably any level of taxes o...
We can informJonathan what are the inevitable consequences of being too fond of glory; — Taxes upon every article which enters the mouth, or covers the back, or is placed under the foot — taxes upo...
A neutral mode of taxation is conceivable that would not divert the operation of the market from the lines in which it would develop in the absence of any taxation. Ludwig von Mises, HUMAN ACTION, ...
The state is the great fiction through which everyone believes that he can live at the expense of everyone else. Frederic Bastiat The United States has become to a considerable extent a redistribut...
The Third World, often called the less developed countries (LDCs), consists of over 100 nations in Africa, Asia, the Middle East, the Western Hemisphere, and the Mediterranean. Most ofthese countrie...
There is little argument with the statement that people are purposeful economic agents. On the basis of our many observations and introspection, we know that regulatory institutions are designed by ...
State government spending has grown dramatically out of proportion to inflation and population growth. Between 1950 and 1990, real state spending grew by more than 500 percent. Real state spending ...
There have been numerous studies of the impact of labor market rigidities on unemployment rates. The general conclusion for both OECD as well as other countries is that rigidities explain a signific...
This paper presents a dynamic political economy theory of public spending, taxation, and debt. The theory builds on the well-known tax smoothing approach to fiscal policy pioneered by Robert Barro...

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