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Conventional analysis of public goods provision aggregates individual willinness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the laborl/leisure decision by...
Persistent link: https://www.econbiz.de/10008567671
While there was no abstract for this brief paper, it clarifies for students that demand and supply slopes convey the burden of taxation discussion at least as well as does the more typical discussion employing elasticities.
Persistent link: https://www.econbiz.de/10008560076
The brief paper lacks an abstract, but clarifies a point of considerable confusion among students of economics.
Persistent link: https://www.econbiz.de/10008567649