Category Archives: World economy

Bigger income tax doesn’t work; fairer does

According to some sources, Top Gear star Jeremy Clarkson makes £2 million a year. Sounds like a large amount of money, but the sad truth is, he only sees less than a half of it. According to a tax calculator, … Continue reading

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Cuba, part III: The “people’s” economy

If you haven’t lived in a communist regime, the basics of economy in such a country as Cuba do seem utterly strange, perhaps even idiotic. The reason for that is—they are. Cuba is a totalitarian country and most of its … Continue reading

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