Surprise! Tax Innovation And You Get Less Of It

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Given that the act of taxing something means that you get less of that something it shouldn't be a surprise that if you tax...

Dear Lord Above, If Only City University Employed Economics Professors Who Knew Economics

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It is possible that this expansion of the universities wasn't all this good an idea. For example, the upgrading of Islington Technical College into...

An Insight Into Progressive Economics

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A basic contention of reality connected economists is that higher minimum wages will lead to fewer jobs on offer at those now higher wages....

If You’ve £10 And No Debt You’re Richer Than 10% Of Britons – Added...

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The Equality Trust treats us to a feast of economic nonsense today in their whinges about wealth inequality. They manage to entirely forget that...

Amazingly, Inflation Changes Your Behaviour When You Know There’s Inflation Happening

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It's possible to be annoyingly simple - simplistic - about this research. It might not deserve it but still. Incentives change behaviour, prices are information...

How Can Anyone Actually Be This Stupid?

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A certain American professor - of sociology, naturally - called Matthew Desmond has decided to pleasure us with the ignorance of his knowledge of...

A Most Uncomfortable Thought About The Taiping Rebellion And The Black Death – Maybe...

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There is a school of thought - perhaps just a strain of it rather than an entire institution - which tells us that the...

Algorithms Are Better Than We Thought – They Can Collaborate Into Cartels

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There's a strain of thought which insists that cartels, monopolies, oligopolies, can only exist where there's evil intent. Another where it's just the logical...

Why Not Copy India’s Tax System – Only The Rich Pay Income Tax?

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There was a time when only those with truly interesting incomes paid that levy, the income tax. The argument was then, as it is...

You Cut, We Choose

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Whenever cake was on the table and me and my sister were in the queue for some, to forestall the inevitable arguments about whose...