The Laffer Curve
This curve illustrates the relationship between tax rates and tax revenue. It suggests that at some point, increasing tax rates beyond a certain threshold can lead to a decrease in revenue due to disincentives for economic activity.
134
1.18K reads
CURATED FROM
IDEAS CURATED BY
As an avid freakonmics listener, I decided to compile a list of my own personal favorite economic facts and.
“
Similar ideas to The Laffer Curve
Avoid the bandwagon effect
- Slow down your reasoning process. Let some time pass between the point at which you encounter social cues and the point at which you make a final decision on something.
- Set up optimal conditions for decision making. Choose to only make a certain decision when you’re by ...
When the U-curve occurs
According to a study by economists, the U-curve is generally noticed at age 46. It tends to appear in wealthier countries.
However, some economists and psychologists factor in the possibility that those who become happier in the studies are the same people who are content in their early ye...
The Exponential Curve of Excellence
Anything beyond what you need to do as a minimum to achieve your goal is wasteful.
Extra effort does not continue to give steady growth. As you move closer to perfection, improvement slows down even if you put in more effort. In other words, we can arrive at a point when t...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates