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Congress just donated another $70 billion in investment tax cuts to rich taxpayers. Last month, David Cay Johnston of the New York Times summed up the debate: (Big Gain for Rich Seen in Tax Cuts for Investments) “Stephen J. Entin, president of the Institute for Research on the Economics of Taxation, a Washington organization, and . . . → Read More: Tax Cuts for the Rich Hurt the Economy Martin Wolf of the Financial Times, calls Jane Jacobs, who died last week, “a self-educated intellectual of astonishing originality.” He devotes most of his article, “National wealth on city life’s coat tails” (5/2/06) to a review of one of his and my favorite books, Jacob’s 1984 Cities and the Wealth of Nations — which he . . . → Read More: Wealth of Nations, Wolf on Jacobs, Krugman on Warsh  Comments are closed  Essay  Adam Smith, City economics, Development economics, Economies of scale, History of economic thought, Jane Jacobs |
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