Why Nations Fail and How Poor Countries Develop Rich Countries

Leiden, Non. Ian. MMDCCLXX A.U.C., Recently the Guardian published about the massive flow of capital from less economically developed countries (LEDCs) to more economically developed countries (MEDCs), based on a report by Global Financial Integrity (GFI). This justifiably got a lot of attention, as it is  ironic, if not down right perverted, that capital is flowing from... Continue Reading →

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‘Taxation Is The Weapon Against Inequality’

Leiden, a.d. V Kal. Feb. MMDCCLXIX A.U.C., "Taxation is the weapon against inequality," do you know that expression? According to Lilianne Ploumen, Dutch Minister of Foreign Trade and Development Cooperation, taxation is the weapon agaisnt the outrageous inequality in developing countries today. I agree with her that inequality in developing countries is absolutely of unethical proportions, but I doubt... Continue Reading →

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