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This very informative and important The Way The Work Works,by Jude Wanniski is a gem about international economic policies. "The key to both the wealth and welfare of nations is to bound in the way they tax their citizens. Only when tax rates, as well as the distribution of the tax burden, encourage savings and production can a country achieve economic success". This rule holds true throughout history, regardless of the nature of a country's political system.
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The Way the World Works: How Economies Fail - and Succeed, Jude Wanniski
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- 1978
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