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I have also seen it claimed here on ET that the one thing for which GDP is useful is to extimate a country's tax base.

Taxation is also the reason why barter is discouraged.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Migeru (migeru at eurotrib dot com) on Fri Jun 30th, 2006 at 07:54:16 AM EST
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