Can a Country Commit Suicide by Taxation?

Can a Country Commit Suicide by Taxation?

Can a Country Commit Suicide by Taxation? Greece has confirmed that a nation can spend itself into a fiscal crisis. And the Greek experience also has confirmed that bailouts exacerbate a fiscal crisis by enabling more bad policy, while also rewarding spendthrift politicians and reckless lenders (as I predicted when Greece’s finances first began to […]

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