The last two centuries have seen the rise of the nation-state as the dominant political institution around the world. During this period, the colonial empires of varying duration and reach created first by the Portuguese, Spanish, and Dutch, then the French and British, then the Germans and...

There are a number of economic costs associated with taxes, some of which unfortunately, are almost always ignored or misunderstood. The direct and most visible cost of taxes is simply the tax itself. It is the amount of earnings that individuals or businesses forego when they pay taxes. Put...