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3. Concept of Government
- he defines as “an institution which prevents
injustice other than such as it commits
itself’. ↳ best ever in the history of Political
Theory according to British
philosopher/Anthropologist Ernest Gellner
4. Theory of Taxation
- said that at the beginning of the dynasty,
taxation yields a large revenue from small
assessments
- at the end of the dynasty, taxation yields a
small revenue from large assessments
- The Laffer Curve on the correlation between
tax revenue and tax rate is derived from this
theory.