Category: Taxation

People value a government they pay taxes for: Part 2, The implications

4 March, 2015 (10:00) | Economics, Government, Housing, Lucy Martin, Political theory, Real estate taxes, Speculation, Sub-Saharan Africa, Taxation, Uganda | No comments

[Continued from yesterday’s Part 1.] By: David A. Smith In yesterday’s Part 1, we explored a fascinating bit of doctoral research conducted by Lucy Martin designed to test whether people’s sense of unfairness, and willing to act on that unfairness, would change depending on whether the money in question had been received as a grant […]

People value a government they pay taxes for: Part 1, The experiment

3 March, 2015 (10:00) | Economics, Government, Housing, Lucy Martin, Political theory, Real estate taxes, Speculation, Sub-Saharan Africa, Taxation, Uganda | No comments

By: David A. Smith Given that People value only what they pay for is indeed a universal rule, it will have subcases – and one such subcase, striking in its own right and with major implications for the way donors deals with country governments, was highlighted in a recent article in The Economist (February 7, […]

Month in Review, March, 2014: Part 2, No spin here, no sirree

2 May, 2014 (09:00) | Bankruptcy, Bonds, Cities, Dictators, Discrimination, Housing, Month in review, Mount Holly, Municipal bankruptcy, New York, Public consultation, Puerto Rico, Speculation, Taxation, Ukraine, US News, Zoning |

[Previous Months in Review available here: Feb 14, Jan 14] [Continued from yesterday’s Part 1.] By: David A. Smith Because affordable housing cannot exist unless the state or nation’s economy and polity are basically sound, roughly half of my March posts dealt with issues of state or national fiscal viability (Puerto Rico and Ukraine), housing […]

­­Month in Review, March, 2014: Part 1, It’s always the palace, isn’t it?

1 May, 2014 (09:00) | Bankruptcy, Bonds, Cities, Cyprus, Dictators, Discrimination, Eminent domain, Housing, Month in review, Mount Holly, Municipal bankruptcy, New York, Public consultation, Puerto Rico, Speculation, Taxation, US News, Zoning |

[Previous Months in Review available here: Feb 14, Jan 14] By: David A. Smith That wrong shall fail and right prevail Though sic semper tyrannis is often more wished for than achieved, every now and then it happens, and March opened with the promise of political spring in Ukraine, a ray of political sunshine that […]

Cosh and carry: Part 2, Money for the Einsteinian political economy

10 April, 2014 (15:13) | Banking, Bitcoin, Cash, Crime, Economics, Informality, Markets, Regulation, Robbery, Taxation |

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s post, using as source material two articles, one from the Economist (April 5, 2014), the other from the Wall Street Journal (March 27, 2014; green font), both commenting on a new paper published by the National Bureau of Economic Research, established that the rise of […]