Thursday, June 12, 2014

Book Beginning: An Inquiry into the Nature and Causes of the Wealth of States


Please join me every Friday to share the first sentence (or so) of the book you are reading, along with your initial thoughts about the sentence, impressions of the book, or anything else the opener inspires. Please remember to include the title of the book and the author's name.

EARLY BIRDS & SLOWPOKES: This weekly post goes up Thursday evening for those who like to get their posts up and linked early on. But feel free to add a link all week.

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Foremost among the economic policies available to state and sometimes even local governments is the income tax. Today, 41 out of 50 states collect income tax on so-called earned income.
-- An Inquiry into the Nature and Causes of the Wealth of States: How Taxes, Energy, and Worker Freedom Change Everything by Arthur B. Laffer, Stephen Moore, Rex A. Sinquefield, and Travis H. Brown.

So this is definitely a book aimed at policy wonks, but it isn't as dry as the title and description suggest -- nod to Adam Smith and all. The authors are good writers who know how to get an idea across.


  1. This actually sounds fascinating. I would be interested in picking this one up and will add it to my list. Thanks for sharing and hosting!
    Happy Reading,
    Rebecca @ The Key to the Gate

  2. Why "so-called" income I wonder?

  3. Hmm, I probably wouldn't have chosen this topic, but I'll bet there is a lot to learn.

  4. I'm not sure I could sit down and read this book from cover to cover, but I do find the topic interesting.
    Thank you for hosting Book Beginnings every week.

  5. Hi Gilion,

    This book sounds more like something my husband would read (well at least the UK equivalent). I might well flick through until I found the odd chapter or two which interested me, but isn't something I would contemplate reading cover to cover.

    The only thing we all know for certain her in the UK, is that there are not enough people paying into the system, to cover the services it should be providing .... The result doesn't take a genius to work out!

    Thanks for sharing and for hosting BB. Have a great weekend.


  6. I'm pretty impressed by the serious-sounding books. I don't think I could make myself read this book.

  7. I think this would be one of those books I had to convince myself to read but then would probably find really interesting once I got into it. Politics and how it interacts with the economy is incredibly important at the moment! Thanks for hosting:) Enjoy your weekend!
    Juli @ Universe in Words

  8. Not a book for me, but thanks for sharing. :)

    Silver's Reviews
    My Book Beginnings

  9. Wow! That sounds like quite an ambitious read. I hope you are learning lots. Happy reading!

  10. We've just gone through a provincial election, but I'm not sure that much will be different after it. This might be an interesting read, but I'd probably be more likely to read a Canadian equivalent. I hope you are enjoying it.

  11. Oh my goodness, I understand very little about Economics.

  12. That's a very ambitious read! While I read a good deal of nonfiction, economics and politics aren't something I can deal with; not enough attention span. Kudos to you for tackling it!


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