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> a gateway to something very similar to communism. At least it would be explicit. Western economies tend to have income redistribution in various forms anywa
by 7952 10y ago
> a gateway to something very similar to communism.
At least it would be explicit. Western economies tend to have income redistribution in various forms anyway. It just gets mixed up in tax rates, tax credits, service subsidies and entitlements. People have little idea what the flows of money really look like.
- ajmurmann 10y agoIf you haven't done so already, I think you'd very much enjoy the Econtalk episode with John Cochrane: http://www.econtalk.org/archives/2016/09/john_cochrane_o.html http://www.econtalk.org/archives/2016/09/john_cochrane_o.htm... He argues in favor of decluttering the policy tools you listed. Sounds excellent to me.