What the rich would do to avoid tax

by Richard Denniss in The Australian Financial Review
Originally published in The Australian Financial Review on July 16, 2013

Is economics a science? When we teach economics students, we usually tell them that they are learning about “the science of the efficient allocation of scarce resources”. But when we listen to public debate, often economists don’t sound very scientific. While it is often said that science can’t proceed without failure, it’s rare to hear an economist admit that they were wrong.

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