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Maximizing output without taking into consideration the negative externalities generated, including the harm to the mental and physical health of the population creates psychological stress. Focusing on the bellwether indicators of economic performance including working more, generating income,...
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The textbook theory of public finance delineates three primary functions of government: 1) to provide for public goods, 2) to provide for an equitable distribution of income, and 3) to stabilize the economy. However, it has become evident with the rise of right-wing populism especially, but not...
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The income of those who attacked the U.S. Congress on January 6, 2021 and were subsequently arrested is estimated using the income in the neighborhood of their residence as a proxy measure. Contrary to common wisdom, we find that the income of the arrestees deviated markedly from that of the...
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