Below is a chunky young man from Brazil named Fernando Miyata. He sits in his crappy little apartment and posts on YouTube, hoping someone will notice what he has learned to do.
The Fallacy of Optimal Tariffs
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Mainstream economists have been obsessed with finding “optimal” tax rates,
and Nicholas Kaldor‘s 1940 formalization of the “optimal” tariff is no
exception...
5 hours ago
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