Tag Archives: Cosmin Marinescu
Absolute fiscal simplification by eliminating the corporate income tax
For more than 20 years, the tax system perpetuated itself bureaucratically and administratively, its main function being to serve the state budget. Anyway, where and when it was done, tax simplification was only marginal. Rarely were more daring solutions advanced, meant to revive a paralyzed, bureaucratic fiscal system that actually generated economic counter-
“The Epic” of Oltchim: Finding the Alternative?
After more than two decades of transition, formal reform cycles (of a capitalist nature?), transplantation of policies unanimously declared à la Washington Consensus, European and Atlantic accessions, here we are, back to our origins, meaning back to the socialist industry that fed, apparently not a long time ago, economic nationalisms and patriotic egos. “The epic” of Oltchim,
Institutions and Prosperity (I)
Against mainstream considerations, the history of modern economic development does not identify itself with the history of technological progress, but with the history of “rights”, conceived as a (economical and juridical) “technology” that structures human interaction within society. This evolution is inseparable from the genesis of capitalism and of the modern system of
The Scenery of Optimal Taxation: Progressive vs. Flat Tax
In this study I invite you to a journey on the land of tax analysis, one that is surrounded by passion and controversies. The purpose of this “journey” is to understand the possibility that the economic science can “prescribe” the optimal taxation, both when it comes to the tax regime (progressive vs. flat tax), as well as regarding the level of taxation. I will argue the need to destroy some myths
Economic Calculation Reloaded: “the Economy” of the Public Sector
The argument of the economic calculation does not magically vanish once we leave the institutional realm of socialism, I’d say on the contrary. In every economy considered nowadays, with frequent excesses of vocabulary generosity, a “free market” economy, there exist many instances in which the resource allocation faces totally different exigencies from those specific to
