The mere ability to postpone taxes may not seem all that important, but its consequences are enormous. - Harvey S. Rosen

Only empirical work - analysis based on observation and experience as opposed to theory - can answer the question of how labor force behavior is affected by changes in the tax system. Even intense armchair speculation on this matter must be regarded with considerable skepticism.

A social welfare function is simply a statement of how society's well-being relates to the well- being of its members.

In this country, the number of individuals on the government payroll certainly underestimates the importance of government.