Fiscal Policy Workshop — Tax & Spend in a Recession
Sit on the Costaria Cabinet during a real recession.
Step into the Costaria Treasury and design a tax system from scratch.
Step into the Costaria Treasury and design a tax system from scratch. Apply the Mirrlees-Saez optimal-tax formula, calibrate it with modern elasticities, locate the schedule relative to the Laffer peak, and defend a six-instrument reform (PIT, EITC, capital tax, wealth tax, VAT, base broadening) against a sceptical Cabinet across three rounds — equity, efficiency, and political reality on the same page.
An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.
The decisions participants make during the simulation:
What participants follow on screen as the rounds go by:
Designed for courses in Macroeconomics.
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