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You searched for: label/Welfare Theorems

What’s in a name?

…no matter the labels thrown upon them, going back 1000s of years. Its recurring features — concentrated power, weak accountability mechanisms, suppression of organized opposition — are structural problems of…

Top Marginal tax rate of 70% ?

…the middle class to go down. This second effect reduces welfare. At the top of the supper-rich Laffer curve, a tiny reduction in the tax on the super-rich causes the…

Is Social Security too big to NOT fail?

…http://spreadsheets.google.com/pub?key=r49_nOHQG4QdHuwcbMGmP0Q The column fourth from the Right is labeled Trust Fund Ratio and if graphed would show a perfect shape, a Trust Fund topping out with a ratio of 375…