Update (21 November 2022)

In keeping with the theme of yesterday’s post, I am planning to work on a post that is related to the topic. The Subtantivist-Formalist Debate bears the promising implication that Economics cannot be understood without their political contexts. Certain economic policies may be the products of political system in which they were created. One example that I am about to discuss is something else I discovered recently about the US taxation system.

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