SCIENCE (from the Latin for 'knowledge') informs wisdom, reason and humanism. This is a 4-legged worldview within reality that maximizes well-being for individuals and society.

Thursday, January 28, 2016

The Laffer Curve/Supply Side Economics

There is a reason why economics has been called The Dismal Science.  The effect of raising or lowering tax rates on government revenue is not as clear as many conservative politicians claim.

The relationship between rates of taxation and the resulting levels of government revenue.

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