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All the way with Hazlitt - as far as he goes : Comments
By Gavin Putland, published 25/1/2012A Georgist reviews a Libertarian classic - and has a higher opinion of it than some of its professed admirers.
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Posted by freddington, Wednesday, 25 January 2012 10:40:50 AM
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So, if we accept that taxes on production, thrift and exchange are inflationary (love Hazlitt on inflation), tantamount to theft, and are a deadweight on the economy, what's the alternative, fellas? I would have thought the economic rent favoured explicitly by Smith, and implicitly by Hazlitt, provides a very valid option?
But we've seen the reception the right has given to Ken Henry's panel's recommendations, so c'mon, libertarians, we've reached the stage where neither taxes nor rents offer a suitable revenue base? You have an alternative then? You're fast losing your street cred, guys!