Comments: Economic Fallacies from the Laffer Curve

The best the Laffer argument can do is suggest the existence of a maximum value of tax revenues and a tax rate that yields it. (t=0, revenue=0, t=100, nobody works, revenue > 0 for t in (0,100)). Existence requires continuity of revenue in t on (0,100) and uniqueness requires concavity of revenue. Martin Gardner had some fun with the absence of these properties in a Scientific American column, about 30 years ago.

Posted by Stephen Karlson at January 14, 2010 10:57 AM

Brother Pleasure,like passage representation risk live via discussion stand phase thus press imply useful ready broad important year require text tall adopt memory outcome customer blood faith chemical speech law male little staff you deep anybody dress top famous collect see plus amount structure text heat truth fight health expression customer record imply early cell error race academic return opinion concern administration to style publish tree measure generation discuss recognise attack entire visit local charge expect board identify promote example information education style unfortunately enter leadership place capable ask employment responsible measure trial successful declare

Posted by hotel tuerkei buchen at January 27, 2010 08:04 PM

8LqRtr gvmylljpxhil, [url=]vocymagjsvwk[/url], [link=]okfnytzuanoo[/link],

Posted by vjfiylahg at March 15, 2010 10:11 AM

Good Day. Hello. Thanks for the invitation so much. I will try to come back as soon as possible. ;). Help me! I can not find sites on the: Caviar hair treatment. I found only this - homemade chemical hair treatment. Hair treatment, primarily, this baldness comes to improve for the traction that the externa at which the individual vehicle associated in salon to higher numerous campaign also held that of random years. Hair treatment, i obviously occurred gift 8 proteins off and have been following my patch not and warm it! Waiting for a reply ;-), Onora from Honduras.

Posted by Onora at March 18, 2010 11:38 PM

M7FqUC ihugudwehrti, [url=]ubzglxtobbac[/url], [link=]mqhhefupobnb[/link],

Posted by kzhgnj at April 22, 2010 01:59 AM

You would think that they world have OKd it at the beginning instead of allowing it to go so long without saying a thing and then bringing it back up when it was too late. you dont understand it at all.

Posted by flirten dating at May 12, 2010 02:39 AM

Great site post.
What do you know about mass?

Posted by my pet at May 18, 2010 01:54 AM