Thursday, October 18, 2012

Shadowing the Shadow Economy

I recently read an article on shadow economies and wanted to share its key points with you. The article was written by J.D. Tuccille for Reason.com, a website on finance, economics, politics and more. I found it interesting that highly-developed countries like the US, UK and Japan, even today, have sizable shadow economies - parallel economies that focus on the trading of legitimate goods but in the shadows. The obvious question is why??

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