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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label tax regime. Show all posts
Showing posts with label tax regime. Show all posts
Thursday, January 03, 2013

Vatican’s Scapegoating Capitalism

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The easiest way of blaming social evils has been to bash capitalism.  A good example has been the recent New Year homily by the Catholi...
Sunday, November 11, 2012

The Phisix in the Shadow of the US Fiscal Cliff

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People like to assume that we are voting on issues. The media hector politicians to “stick to the issues.” We are supposed to do our civic ...
Thursday, October 18, 2012

Quote of the Day: Every Tax Reform is a Push for Higher Taxes

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Every tax reform in my lifetime has actually been a push for higher taxes in one form or another. And there are still other ways to raise ...
Wednesday, July 25, 2012

US Social Mobility Hamstrung by Taxes and the Welfare State

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One principal reason to expect future default and high interest rate environment can be seen from the micro level. In the US, the repress...
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