Got the link to this picture from a friend and just had to put it up:
Actually found an article the other day, by Tim Harford, arguing ”why tax cut just isn’t fair on teenagers” (after Alistair Darlings budget last year). It’s a good read, as his stuff usually is, and kind of revision applying Ricardian equivalence to real life…
Anyway, back to the text books. Two collections tomorrow – then I’m done!