A couple of weeks ago, I suggested that the large, rich Western democracies ran out of room some time ago to raise income tax revenues to any significant extent, and therefore the ability to fund large programmatic change by governments was similarly constrained. I promised to come back and discuss some alternative solutions to those who advocate such c…
Keep reading with a 7-day free trial
Subscribe to John’s Newsletter to keep reading this post and get 7 days of free access to the full post archives.