Max sits down with Professor Arpad Abraham out of Bristol University to discuss cycles in tax policy, the effects of volatility to the economy and how UK tax policy will likely change in the near future. Professor Arpad Abraham: https://www.bristol.ac.uk/people/person/Arpad-Abraham-fa5c4209-a7ba-48dc-adf4-5cb9a893e722/ Timestamps: 00:00: Why Can't Governments Leave Tax Policy Alone? 03:59: Arpad's Research 06:37: Tax Pragmatism 10:21: Is Tax Policy a Prisoner's Dilemma? 10:58: The Administrative Burden of Taxes 12:06: Wealth Taxes on the Rise? & Private Equity 16:30: Measuring Wealth Effectively 19:33: Norway's Wealth Taxes & Broader Economy 24:30: Arpad's Social Security Research 30:41: Volatility & Uncertainty in Tax Policy 35:44: Cycles of Economic Shocks & Growth 40:39: Do Policy Makers Misjudge Risk? 49:42: How Will UK Taxes Change in the Next 10 years? 53:02: Future Research to Build Upon Arpad's Work Arpad’s Research: CAPITAL TAX REFORMS WITH POLICY UNCERTAINTY https://research-information.bris.ac.uk/en/publications/capital-tax-reforms-with-policy-uncertainty On the optimal design of a Financial Stability Fund https://research-information.bris.ac.uk/en/publications/on-the-optimal-design-of-a-financial-stability-fundEfficient risk sharing and separation https://research-information.bris.ac.uk/en/publications/efficient-risk-sharing-and-separation Socials: Tiktok: https://www.tiktok.com/@marginalbabble Instagram: https://www.instagram.com/maxdorey96/ Twitter: https://twitter.com/MaxDorey1 LinkedIn: https://www.linkedin.com/in/maxwell-dorey-7958a4128/ Website: https://marginalbabble.com/