Month: June 2010

2 interviews

Labour Market Arbitrage in China

In his 1817 book, “On the Principles of Political Economy and Taxation“, David Ricardo explained the principle of economic comparative advantage. He drew example from the production of wine and cloth in…

Dr. Vikas Shah MBE DL 15 Jun 2010 5 min read

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Taxation and Economic Self-Harm

There is little doubt that taxation is an economically necessary and ethically valid part of society’s structure. “Taxes” stated Oliver Wendell Holmes Jr. “…are the price of civilisation.” Many cite taxation as…

Dr. Vikas Shah MBE DL 3 Jun 2010 5 min read