High marginal tax rate discourages work.
Daily Analysis
France, Germany, and the 17th Theorem of Government
More people are now aware of this problem.
Should Iceland Join the European Union?
The E.U. is almost surely destined to suffer a massive fiscal crisis.
Measuring the Benefits of Deregulation
The positive economic impact of deregulation in OECD nations.
Ukraine’s Self-Imposed Statism Crisis, Part II
What Ukraine needs is more economic liberty.
The Economics of Trade, Specialization, and Comparative Advantage, Part II
People don’t intuitively understand comparative advantage.
What if We Had a Government Shutdown (Again) and Nobody Noticed or Cared?
This squabble may lead to a decent outcome.
Part II: Yes, Taxes Change Behavior
People respond to incentives.
Understanding Financial Instability in Argentina
The threat of a return to Peronism is already taking a toll.
Another Laffer Curve Blunder by Greedy British Politicians
Another real world example of the Laffer Curve.