Gary Becker and Richard Posner of the University of Chicago discuss the merits of a Value Added Tax as a replacement for income tax and a solution to American budget deficits. “The case for a VAT is that it is a relatively efficient tax that induces less distortion in behavior than say a progressive income tax that raises the same amount in revenue. On the other hand, once introduced the VAT almost always tends to rise over time, which increases the burden of government spending and taxation.”
Embedded in a cell phone or in accessories such as rings, bracelets or watches, the novel tools aim to make it easier to manage hypertension. But they must still pass several tests before hitting the clinic.
Without even realizing it, we’ve actually become pretty god-like in our powers.
The study is a solid step toward developing gene therapies against neurodevelopmental disorders.
Lab experiments showed Caribbean box jellyfish are quick studies of their environment.
Take it from teamwork gurus behind Apple and Star Wars — a new kind of psychological incubator will allow your creativity to flourish.