Ep. 1118 Austrians Against the Mainstream: A Case Study

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It's a common neoclassical claim that people will prefer an income tax over an equivalent excise tax. This claim, though questionable, is perhaps less interesting than the method these economists use to reach it. In fact, this seemingly obscure question winds up illustrating a great deal about what separates Austrian economics from the mainstream, and which school of thought is more realistic. Show notes for Ep. 1118

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