Friday, October 30, 2009

Chart of the day

From Harvard University economists Robert Barro and Charles Redlick:

Yowza

Via Greg Mankiw.

2 comments:

Anonymous said...

Could you label or explain those axes for us on the graph?

Colin said...

I believe the y axis represents a .01-1 scale for tax rates while the x axis are dates -- 1920 through just beyond 2000. Note the spike during WWII.