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We describe Hayek's position on taxation and its subsequent developments. Hayek defends the proportional tax system. If a majority rule corrects deviations from political power must also restrict the conditions of progressive taxation. According to Hayek the progressive tax system (SFP) violates...
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The article is divided into two parts. The first describes Hayek's critique of the progressive tax system since its conception of social order and fiscal rationality. Hayek thinks about a key principle in liberal democracies: majority rule. And stretching comments to the influence of morality in...
Persistent link: https://www.econbiz.de/10015244435
This essay makes reference to the Scholastic doctrine of moral probabilism and explores the possible links between this theological perspective and the modern concept of probability. It shows that these concepts are more related than is suggested by common etymological approaches. Moral...
Persistent link: https://www.econbiz.de/10014065884
Este artículo comenta algunas de las ideas sobre los orígenes intelectuales del capitalismo que Albert Hirschman expone en Las pasiones y los intereses. Montesquieu, James Steuart y Adam Smith consideraron el interés como un tipo de pasión benévola que podía dominar o mantener a raya las...
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When receiving the Nobel Prize, Hurwicz took up the question "who is watching the guards?" and considered two approaches. One pessimistic, inspired by Juvenal, which leads to an infinite sequence of guards, and one idealistic, derived from the Platonic dialogues. The guard cannot get drunk, and...
Persistent link: https://www.econbiz.de/10014211995
Professor Gonzalez criticizes the separation of the microeconomic and the macroeconomics, he considers this inadequate not only from the theoretical point of view, but also from a pedagogical perspective. The first part of the article shows how economic theory has been built without...
Persistent link: https://www.econbiz.de/10014065598
The article shows that the disjunctive stated by Hernandez et. al. between pay or excise national public debt is not relevant. Discussion should focus on the current price that is paid for national public debt. Treasury is offering TES on the market at an interest rate much greater than DTF....
Persistent link: https://www.econbiz.de/10014075354