Monday, October 18, 2010

The Effect of Changes in Tax Rates.

Gregory Mankiw, professor at Harvard and former chair of Bush's Council of Economic Advisors:

Economic View - Higher Taxes Mean I’ll Work Less - NYTimes.com

(He should have known better than to make such a flimsy argument. It's just one more example of the lack of any real world substance behind much of what passes for economic theory today). See Barry Ritholz's response:

Questions for Mankiw - NYTimes.com


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