I’ve been trying for a while now to figure out why I dislike the gold standard — that is, pegging currency against the price of gold. I think currencies are fundamentally arbitrary — they’re a convention that needs to be (roughly) agreed on, but whether that’s $1 for a ham sandwich or $1000 for a […]
And here was me thinking forming an opinion on yesterday’s tax review would be hard. Turns out, not so much: the review itself was really well done, pretty much what you’d hope for from a professional public service; the government’s response, on the other hand, was impressively gutless. The most interesting recommendation (to me) in […]
The Henry Tax Review is supposed to be released tomorrow. Since that might warrant a blog post, and possibly even some criticism, I thought it might be interesting to note down some criteria beforehand to remove one avenue for bias. One issue for regulatory reform is whether changes make the entire system simpler or more […]