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A Simple Lesson of Policy Diversity from “The Black Swan” Author: Don’t Put All Your Financial Eggs in One Regulatory Basket

by Dan Mitchell | Nov 24, 2012 | Blogs, Economics, Tax Competition, Taxation

Several months ago, I wrote a rather wonky post explaining that the western world became rich in large part because of jurisdictional competition. Citing historians, philosophers, economists, and other great thinkers, I explained that the rivalry made possible by...
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