To find the maximum point on the Laffer curve the condition is that the elasticity of the tax base with respect to the tax rate is equal to one. Your sense is therefore that said elasticity <1. Ot… (View Post)

Accepted that there are lingering effects, but we cannot yet know about long-term effects can we? (View Post)

But she does! edit: snap! (View Post)

Universities are nowadays run by a cadre of administrators, many of whom are erstwhile academics who saw better opportunities for advancement away from teaching and research. Generally speaking they … (View Post)

Cummings goes Gramsci. (View Post)