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Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281 Exercise 2
Jean-Baptiste Colbert was the Minster of Finance under King Louis XIV of France. He famously observed, "The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing." How does his comment relate to special interests and the collective-action problem L03
Explanation
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First, a collective action problem is on...
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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