Tag Archives: Școala austriacă de economie
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
Why “the Opportunity Cost” Can Never Be “Zero”…
I am writing these lines out of the need to correct certain errors that orthodox economics textbooks fuel, sometimes, with brave nonchalance. Such an error emerges even from the first “economics lesson”, namely the lesson on “the economic way of thinking”, which seeks to explain human action in the counterfactual terms of “the opportunity costs”. Put together, such
