Saturday, December 9, 2006

Sudhir Venkatesh's new book on the underground economy.

Sudhir Venkatesh's new book on the underground economy. [by Patrick Radden Keefe]
America's underground economy stubbornly resists reliable study or measurement. Its overall size may be anywhere from 5 percent to 10 percent of America's GDP. Estimates of annual unpaid taxes range from $200 billion to $500 billion. Even the low ballparks are high. So, why do the dynamics remain so mysterious?

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