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Archive of posts published in the tag: Greg Mankiw

Public Choice Theory

“From public choice theory, we also know that government actors have an incentive to pursue shortsighted policies that create highly visible benefits to voters now and impose uncertain costs at some point in the future.”

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The Cost of a High Estate Tax

From The NYT and economist Greg Mankiw,  Why Taxing Fairly Means Not Taxing Inheritances: Excerpt: But there is one thing that everyone can agree on: The estate tax you owe should not depend substantially on the exact moment you happen…

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Violating Horizontal Equity

From The NYT and economist Greg Mankiw,  Why Taxing Fairly Means Not Taxing Inheritances: Excerpt: From my perspective, the estate tax is a bad way to tax the rich because it violates a principle that economists call horizontal equity. The…

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The Pope and Capitalism

Pope Francis offered his judgment on modern capitalism in his 50,000 word address, Evangelii Gaudium: Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and…

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