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An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World

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  • Macaluso, Joseph
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    Abstract

    This paper describes an alternative way (other than taxation) to eliminate poverty and unemployment from the world. This is done by creating a single money worldwide, and letting each government subsidize the economy of each country, through acting as a non-profit venture capital subsidizer, by forward borrowing on the economic growth that such a subsidization will produce through the increase in jobs and consumers created. This creation of wealth by government will be a process similar to the market's process of creating wealth through price fixing.

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    File URL: http://mpra.ub.uni-muenchen.de/53311/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 53311.

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    Date of creation: 01 Jan 2014
    Date of revision: 30 Jan 2014
    Handle: RePEc:pra:mprapa:53311

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    Keywords: alternative to taxation; taxation; disparity; minimum security level; distribution; wealth;

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