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Channel: The Extended Society » consumption

The myth of consumption-led growth

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Henry and Lawrence Gruijters explain how public spending may not be such a positive thing, as dynamic effects are often ignored. First published in The Graduate Times All too frequently we hear that consumption enhances growth. This cannot be further from the truth as the following simple example explains: A farming society needs to save […]

Companies Should NOT Pay Tax

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A corporation tax creates unfair competition and decreases jobs, so instead of enforcing it we should scrap it.  Taxes are unpleasant so the least damaging option should be chosen. Following the recent row in the UK with Google, Amazon and Starbucks paying very little corporation tax in the UK, I could not help but find […]




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