The supply-side economics of JFK
23 Sep 2015 Leave a comment
in applied price theory, applied welfare economics, politics - USA, Public Choice Tags: JFK, supply-side economics, taxation and growth, taxation and investment, taxation and the labour supply
Is Thomas Piketty a double secret supply-side economist?
03 Jun 2014 Leave a comment
in entrepreneurship, labour supply, public economics Tags: laffer curve, supply-side economics, Thomas Peketty
When a government taxes a certain level of income or inheritance at a rate of 70 or 80 percent, the primary goal is obviously not to raise additional revenue (because these very high brackets never yield much).
It is rather to put an end to such incomes and large estates, which lawmakers have for one reason or another come to regard as socially unacceptable and economically unproductive…
Utopia, you are standing in it! 
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