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In this video, a variety of examples of taxation are discussed. The potential for taxation to lead to a variety of social problems (for example, taxation of molasses leading to smuggling and other illegal activities, at specific times in history) are discussed. Capitalism is contrasted with merchantilism, and the history of tariffs and government intervention in economics is discussed.
Source: Thomas J. DiLorenzo, https://www.youtube.com/watch?v=gi0jKuicWJ0 This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Last modified: Thursday, 9 May 2024, 3:41 PM