Orthodox neoclassical economics has long maintained that, from the point of view of the taxed themselves, an income tax is “better than” an excise tax on a particular form of consumption, since, in addition to the total revenue extracted, which is assumed to be the same in both cases, the excise tax weights the levy heavily against a particular consumer good. Originally published in the “Review of Austrian Economics” in 1994 (Vol. 7, No. 2, pp. 75–90), as “The Consumption Tax: A Critique.” It appeared on Mises.org on March 18, 2005. Narrated by Harold Fritsche. Music by Kevin MacLeod. http://mises.org
Full text of “The Consumption Tax: A Critique” available online: HTML version: http://tinyurl.com/t8xpaou PDF version: http://tinyurl.com/se4yehg * * * * * Murray N. Rothbard (1926-1995) was America’s greatest radical libertarian author — writing authoritatively about ethics, philosophy, economics, American history, and the history of ideas. He presented the most fundamental challenge to the legitimacy of government, and he refined thinking about the self-ownership and non-coercion principles. Links to more online writings by Murray Rothbard: Man, Economy, and State: A Treatise on Economics For a New Liberty: The Libertarian Manifesto The Ethics of Liberty Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Vol. I Classical Economics: An Austrian Perspective on the History of Economic Thought, Vol. II The Case Against the Fed What Has Government Done to Our Money? A History of Money and Banking in the United States The Progressive Era The Betrayal of the American Right Conceived in Liberty, Vol. 1: A New Land, A New People: The American Colonies in the Seventeenth Century Conceived in Liberty, Vol. 2: “Salutary Neglect”: The American Colonies in the First Half of the Eighteenth Century Conceived in Liberty, Vol. 3: Advance to Revolution, 1760-1775 Conceived in Liberty, Vol. 4: The Revolutionary War, 1775-1784 Conceived in Liberty, Vol. 5: The New Republic: 1784–1791 Ludwig von Mises: Scholar, Creator, Hero Anatomy of the State Economic Depressions: Their Cause and Cure Education: Free and Compulsory Science, Technology, and Government Ten Great Economic Myths The Economics of War Left, Right, and the Prospects for Liberty Kingdom Come: The Politics of the Millennium Egalitarianism as a Revolt Against Nature Murray N. Rothbard vs. The Philosophers America’s Great Depression Wall Street, Banks, and American Foreign Policy World War I as Fulfillment: Power and the Intellectuals Related online resources: Murray Rothbard: Mises’s True Heir Man, Economy, and Liberty: Essays in Honor of Murray N. Rothbard Rothbard’s Legacy Rothbard Vindicated Murray N. Rothbard: Mr. Libertarian Meeting Murray Rothbard On the Road to Libertarianism The Unstoppable Rothbard The Political Importance of Rothbard Penthouse Interviews Murray Rothbard * * * * * Text of this audio presentation published on Mises.org. Both text and audio licensed under Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International License. http://creativecommons.org/licenses/by-nc-nd/4.0/ This YouTube channel is in no way endorsed by or affiliated with the Ludwig von Mises Institute, any of its scholars or staff members. |
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