Thursday, November 1, 2007

Reasonable Knowledge

I have substantially lowered my expectations for the level of knowledge of an average economic agent after finding out today that Ontario does not have harmonized sales tax.

Which would be excusable if I were not an economist who lived there for twenty weeks this summer.

Here in Newfoundland, we have the HST, so the default assumption is that other places are on board with this eminently logical idea.

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