Is economic theory on the effects of higher taxes on higher incomes rational?
…do so . They simply don’t wanna stop working at what they work at. EFLS uses the case of super-athlete Peyton Manning. If you tax him 10% more, will he…
…do so . They simply don’t wanna stop working at what they work at. EFLS uses the case of super-athlete Peyton Manning. If you tax him 10% more, will he…
…out theater effect explains why matinee tickets are cheap. Yeah a super duper mega hit film might justify more expensive tickets because tickets are often sold out. But only for…
…— say a super liquidity trap and get to a second proposed answer Not when we are in a super liquidity trap. After the jump I criticize my second proposed…
…day most of the super-rich would ultimately find it a relief to get off the treadmill of status-competition and the not-quite-so-rich would be thrilled to see their betters cut down…
…demand for assets is downward sloping in current price just like a normal demand curve (call them Buffets) super smart investors who know all about fundamental values *and* about the…
…Just don’t try this for the pizzas to be delivered at half-time of the Super Bowl. Actually, if might even work then because Super Bowl Sunday is one of the…
…had done a really successful gerrymander, Democratic voters would be spread among more districts that they could win by 10 to 30 points, not concentrated into a number of super-Democratic…
George Soros The three most famous super-rich liberals are George Soros, Warren Buffet (notwithstanding his advising the Shwarzenegger campaign), and Bill Gates Sr. (Gates Sr. is not personally rich, but…
…goods are not included in the baskets used to construct the indices. This means that by waiting until the super cool but super expensive phase is over, the BLS and…
…care about those so distant from the well-heeled in-group appears to be diminishing as the gap between the well-heeled and the rest of us widens. Those super-wealthy corporate managers and…