Contents: Preface -- 1. Factors that influence tax systems -- 2. Industrialization, globalization and taxation -- 3. Complexity in taxation: origin and consequences -- 4. The supply-side revolution and challenges to the taxation of the rich -- 5. Equity, transparency, cooperation and the...

"This book revisits a distinction introduced in 1921 by economists Frank Knight and John Maynard Keynes: that between statistically predictable future events ("risks") and statistically unpredictable, uncertain events ("uncertainties"). Governments have generally ignored the latter, perceiving...