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3 votes

What data / evidence is there to support the assertion that wealth taxes are ineffective because they're difficult to implement?

What are some real-life examples of wealth-taxes being implemented and how did they go? There many examples of wealth taxes tried in various European countries. However, most of them were abolished ...
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2 votes

Linear Engel Curve

I think this statement is untrue. Gorman form is a sufficient condition for linear Engle curves, but it is not necessary. Consider the following example: $$v(p,a_i)=\beta(p)a_i^2$$ Applying Roy's ...
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