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Michael Lenn

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Consumption taxes - why are they better than income taxes?

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20 June 2013

A good tax seeks to share in both the risks and the gains from private enterprise, not to discourage risks and gains.

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Quantitative Easing - what is it and what is it supposed to be achieving?

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24 May 2013

The US FED has been engaging in systematic quantitative easing since the financial crisis hit US stock markets requiring the bailout of most US banks and failure of one in 2008. Why is this helpful to the economic system and what are the negative side effects?

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