Vishrut and Akhil engage in a Socratic discussion on the interrelated topics of taxes, budget, and democracy on their podcast, The Thought Bistro. They explore the complex relationships between these subjects, asking questions, and considering different perspectives and arguments. They examine the role of taxes in funding public goods and services, the importance of a balanced budget for the stability of the economy, and the influence of democracy on these issues. Join Vishrut and Akhil as they engage in a thought-provoking discussion on taxes, budget, and democracy on the latest episode of The Thought Bistro.
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Book:
Hazlitt, Henry. (1946). Economics in One Lesson. New York: Harper & Brothers Publishers
Correction:
**The Supreme Court ruled in 1911 that Standard Oil must be dismantled for violation of federal antitrust laws. It was broken up into 34 separate entities, which included companies that became ExxonMobil, Chevron Corporation etc.
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