re: how non-contributory democracy led to the credit crisis in a nutshell

re: how non-contributory democracy led to the credit crisis in a nutshell

re: http://blogs.telegraph.co.uk/finance/ianmcowie/100010127/a-tax-based-alternative-to-the-alternative-vote/ The first four men (the poorest) would pay nothing. The fifth would pay £1.
The sixth would pay £3.
The seventh would pay £7.
The eighth would pay £12.
The ninth would pay £18.
And the tenth man (the richest) would pay £59. …. But, once outside the bar, the men began to compare their savings. “I only […]