By Thomas E. Hall
When executive imposes new taxes, principles, or rules, it creates results that regularly range from the unique purpose. on occasion, those results are so serious that they render the coverage a failure. The legislation of accidental outcomes has taken on an expanding value in the course of the period of ever-expanding executive, and this publication explores 4 very important examples: cigarette taxes, alcohol prohibition, the minimal salary, and federal source of revenue tax. Thomas E. corridor examines how the rules got here into being, what underlying political concerns prompted the method, the unintentional results of the regulations, and why lots of those regulations are nonetheless in position. simply because a lot of those unintentional effects are heavily adversarial, the writer argues that the ethical of those 4 key examples is that at any time when a brand new govt coverage is being thought of, even more certain assessment needs to be given to the variety of strength accidental consequences—a perform that's hardly or properly undertaken.
Read or Download Aftermath: The Unintended Consequences of Public Policies PDF
Best economic policy & development books
Utilizing a severe thought method of learn the globalization of the realm economic climate, this provocative and topical new ebook provides financial globalization no longer as a up to date improvement, yet quite as a well-known procedure that has happened all through background. Michael McKinley argues that it's finally a self-serving, arbitrary and damaging imperial venture that are meant to be considered as a non secular battle.
This up to date and entirely revised moment variation presents a entire exam of problems with paramount value for Southeast Asian economies together with: * the commercial implications of the 1997 Asian concern for either older and more moderen individuals of ASEAN * the function of presidency and FDI in ASEAN monetary progress and improvement * exchange styles with the U.S., Japan and the european and the industrial implications of China's accession to the WTO for ASEAN nations * the environmental outcomes of industrialisation and progress * the emergence of monetary development triangles and their contribution to ASEAN development and neighborhood cooperation * the customers and demanding situations of ASEAN fiscal cooperation earlier than and after the quandary * and the most important demanding situations dealing with ASEAN member nations within the aftermath of the challenge.
This ebook considers a number of modern techniques to public coverage experiences. those ways are in line with a couple of theoretical views on decision-making, in addition to replacement views on coverage tools and implementation. the diversity of techniques coated within the quantity contains punctuated equilibrium types, the advocacy-coalition framework, a number of streams ways, institutional analyses, constructivist techniques, behavioural versions, and using tools as an method of public coverage.
The chinese language process is like no different recognized to guy, now or in historical past. This e-book explains how the method works and the place it can be relocating. Drawing on chinese language and foreign assets, on wide collaboration with chinese language students, and at the political technology of kingdom research, Stein Ringen concludes that below the hot management of Xi Jinping, the procedure of presidency has been remodeled right into a new regime extensively more durable and extra ideological than the legacy of Deng Xiaoping.
Additional resources for Aftermath: The Unintended Consequences of Public Policies
Very often these unintended consequences are seriously adverse. 2. Federal Income Taxes: Funding the Welfare State The Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. S. Constitution, ratified February 3, 1913 The seeds of today’s big-government welfare state were sown during the post–Civil War industrial boom in the United States. Industrialization caused the gap between America’s rich and working-class families to widen, and that growing income disparity was instrumental in creating popular support for a federal income tax.
Treasury secretary from 1921 to 1932. Mellon agreed with Woodrow Wilson’s and Carter Glass’s claim that high income tax rates reduced the incentive to earn taxable income, but Mellon took the argument a step further. He believed that if the disincentive to earn income was strong enough, then high tax rates could yield less revenue than if rates were lower. In other words, lowering income tax rates might cause people to earn enough additional income to cause an increase in tax revenue. This view was an important part of Mellon’s case about why income tax rates should be reduced, and congressional Republicans and Presidents Warren Harding and Calvin Coolidge were amenable to it.
A much more plausible outcome is Chinese men seeking non-Chinese brides. Residents of neighboring countries are understandably nervous. Four Case Studies This book contains four studies of the law of unintended consequences. The discussion addresses the following questions: How did the policies come into being? Who were the advocates? What were the underlying political considerations? Why are these policies (with one exception) still in place? The first case considered is the federal income tax and what has resulted from it.