This essay develops an economic theory of insurrections. The decision-making agents in this theory are an incumbent ruler, a potential leader of an insurrection, and a large number of peasant or worker families. The essay distinguishes insurrections that attempt only to appropriate current...

The present paper offers a fundamental critique of fiscal policy as it is understood in theory and exercised in practice. Two specific demand-side stabilization methods are examined here: conventional pump priming and the new designation of fiscal policy effectiveness found in the New Consensus...

The evolution of the ratio of direct taxation (characterized by progressive rates) over indirect and payroll taxation (characterized by flat rates) is examined together with its distributional consequences for the Bottom 50%, Middle 40% and Top 10% shares of income. Oscillations of this ratio...