1.Part of a TV program—Interview with Robert Frank.pdf

Tom Morton: Americans are in the grip of Luxury Fever, according the economist Robert Frank, Luxury Fever is making America sick. Later on, Robert Frank will tell us how a new tax, a progressive consumption tax, could rein in our lust for luxury and make us all a lot happier. It's a proposal which has the support of none other than Milton Friedman. But before we get to the treatment, let's look at the symptoms. Here's Robert Frank

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