Progressive governments in the name of equity are calling for taxation of capital gains. They really are demanding destruction of capital through capital consumption.
Daniel Moule
Daniel Moule is a Chartered Accountant from Australia who has worked with distressed construction industry clients for 10+ years including some well publicized liquidations in Australian papers. He obtained his undergraduate degree in Commerce (Accounting and Finance) from the University of New South Wales and his Masters in Law (Juris Doctor) post graduate degree from the University of Technology Sydney. He likes spending his free time at the beach.
Latest work
The Misesian tradition provides essential insights into the nature of capital. From Frédéric Bastiat to Murray N. Rothbard, Austrian capital theory excels. Bastiat illustrated gains from capital by...
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.
