Word: economisters
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...that's true, the flat tax would collect less money than the current system, at least in the short term. Robert Hall, a conservative Stanford University economist, who with his colleague Alvin Rabushka literally wrote the book on the subject (The Flat Tax, 1985), estimates that Forbes' scheme would widen the federal deficit by $182 billion a year--just when a majority of voters in both parties say they want a balanced budget before new tax cuts. Forbes, a believer in the quasi-theology called supply-side economics, assumes that tax cuts, even when financed by federal borrowing, will generate...
Indeed, Lugar cited one economist's estimate that a consumption tax would nearly triple the national savings rate to seven percent...
DIED. JAMES MEADE, 88, Nobel-prizewinning economist and critic of Thatcher-era policies that emphasized taming inflation over creating jobs; in Cambridge, England...
...except restore virginity." Turning to the topic of the President's health, Yavlinsky wanted to know if "Kremlin" orders would now have to be described as decisions by "the Central Clinical Hospital." It was just the sort of display of intelligence and humor that have made the boyish-looking economist the darling of Moscow's liberal intellectuals ever since he first gained prominence in 1990 as the author of a never-to-be-realized 500-Day Plan for the economic makeover of Russia...
...followers, but even if their leader may sometimes sound like a Social Democrat, Russia's half a million communists today represent the most hard-line core of the party that once had 18 million members. If voters need any reminding of communism's horrors, the "Forward, Russia!" party of economist Boris Fyodorov has put up a huge poster in Moscow reading: 50 MILLION VICTIMS OF CIVIL WAR, COLLECTIVIZATION AND REPRESSION WOULD NOT VOTE FOR ZYUGANOV. The trouble for Yeltsin and Russia's beleaguered reformers is that on Dec. 17, much of the electorate probably will...