For vols. 1-3 (2009-2011), cite articles as: Author, “Title,” Libertarian Papers [volume #], [article number] (year).  Example: Jan Narveson, “Present Payments, Past Wrongs: Correcting Loose Talk about Nozick and Rectification,” Libertarian Papers 1, 1 (2009).

For vol. 4 (2012) onward, cite articles as: Author. Year. "Title." Libertarian Papers. Volume # (issue #): [page numbers]. Example: Michael F. Reber. 2012. "The Role of Work: A Eudaimonistic Perspective." Libertarian Papers. 4 (1): 1-26.

6. “Is There an ‘Anomalous’ Section of the Laffer Curve?”

by Walter E. Block

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Abstract: When an economy is at the upper part of the Laffer curve, a reduction in tax rates will, somewhat paradoxically, lead to a rise in the amount of money, both relatively and absolutely, the taxpayer will retain, but, also, to an increase in government revenues collected. The former result is a welcome one, from the libertarian perspective, not so the latter. Does this example exhibit a slight anomaly for the free enterprise philosophy (a rare case when a reduction in statism does not lead, unambiguously, to benefits), or does it furnish a true conundrum. The present paper argues that both are true.

Written by Stephan Kinsella (Editor) — 2010.02.10

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Added to: Volume 2 (2010)

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