When the structure of tax revenues–the proportion of revenues earned by income, consumption and wealth taxes–is treated as a pure public good, a useful framework emerges for analyzing interrelationships among taxpayers' preferences, tax structure and tax reform. The...

Provides global managers with a simple, powerful set of macroeconomic tools that empower them to think independently, swim against the tide (when warranted) and, at times, enter markets when everyone else is abandoning them.