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RICH STATES, POOR STATES: 7th Edition
Rich States, Poor States, 7th Edition (Alec-Laffer State Economic Competitiveness Index) - by Arthur B. Laffer & others
122 pages, Paperback
First published January 1, 2009
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Displaying 1 - 4 of 4 reviews
July 22, 2020
The text presents a very simplified/narrow view of economic decisions by citizens of the United States, often times doing so with unsupported models or a disturbing disregard for context. There are certainly philosophical differences worth discussing in another forum, but for now suffice it to say that this ongoing study seems to be more an exercise in validating political platforms than it is a healthy economic research topic.
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June 1, 2021internship check
June 23, 2011
Laffer, Moore, and Williams just released their latest edition of RS/PS 6/22/11.
The project began with a fascinating analysis of data from moving firms. The authors saw internal emigration (that is, people moving from one state to another state) as highly linked to state tax policy. It seems instinctive -- people move from highly tax states to low tax states -- but these guys were the first to document it.
Since then, they've broadened their analysis to include a more complete picture of the many taxes state legislators control, and to model a tax attractiveness ranking for each state.
Any state legislator should keep a copy of this book on his/her bookshelf, and consult it when redesigning tax structures and rates.
Profits follow low-taxes, jobs follow profits, people follow jobs, and votes follow people.
The project began with a fascinating analysis of data from moving firms. The authors saw internal emigration (that is, people moving from one state to another state) as highly linked to state tax policy. It seems instinctive -- people move from highly tax states to low tax states -- but these guys were the first to document it.
Since then, they've broadened their analysis to include a more complete picture of the many taxes state legislators control, and to model a tax attractiveness ranking for each state.
Any state legislator should keep a copy of this book on his/her bookshelf, and consult it when redesigning tax structures and rates.
Profits follow low-taxes, jobs follow profits, people follow jobs, and votes follow people.
Read
May 24, 2012I actually read a 2012 edition that is not on the Goodreads list.
Having just finished The Darwin Economy, I anticipated this would be a contrarian view of economics, although not exactly on the same aspect thereof. I was not surprised by what I found: some very interesting stats, but, just as Frank did in The Darwin Economy, careful (or maybe careless or thoughtless) selection of the stats that fit his thesis and little to no consideration of alternate explanations or other stats that did not fit so closely.I don't know how many times I was moved to say, "Well, if THAT is so, how do you explain the data on page ___?
He certainly has some valid points, but you have to look at his assertions very critically.
(The PDF download is free from the ALEC website.)
Having just finished The Darwin Economy, I anticipated this would be a contrarian view of economics, although not exactly on the same aspect thereof. I was not surprised by what I found: some very interesting stats, but, just as Frank did in The Darwin Economy, careful (or maybe careless or thoughtless) selection of the stats that fit his thesis and little to no consideration of alternate explanations or other stats that did not fit so closely.I don't know how many times I was moved to say, "Well, if THAT is so, how do you explain the data on page ___?
He certainly has some valid points, but you have to look at his assertions very critically.
(The PDF download is free from the ALEC website.)
Displaying 1 - 4 of 4 reviews