Pursuit of Truthiness

my gut tells me I know economics

When Economists Dream

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They dare hope for tax policies like this:

Indeed, if we increased the tax on gasoline to the level that many experts consider optimal, we could raise enough revenue to eliminate the corporate income tax. And the price at the pump would still be far lower in the United States than in much of Europe.

Don’t laugh. I’m serious.

That’s Greg Mankiw in the NYT.


Written by James Bailey

June 1, 2008 at 6:02 pm

Posted in Economics

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