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Most study materials are dry, outdated and horrifyingly boring. Richard L. Haight avoids this typical study book genre by interweaving a series of correspondence letters with tax concepts. I found myself drawn into the compelling story. At the same time, I became proficient in tax. At times, I was more concerned about the fate of the kingdom than the outcome of my grade.
The story aside, Haight presents a well organized study manual. Each chapter presents a different tax concept, making them easily assessable for quick reference. He imparts each concept in a clear and concise manner. I found this format easy to grasp and learn.
I highly recommend this book to any law student taking income tax. It will greatly help you as it helped me. If you are not a law student and curious about taxes, this book by far is best suited for you.
Oh yeah, I received an A.
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In recent years many have attempted to educate us on the subject of valuing intellectual property. Complex financial theories and spread-sheet models emerged, especially during the e-business bubble as some strove to explain the unexplainable valuations of enterprises whose only assets were intangible. Dr. Razgaitis obviously knows and understands the theories, but doesn't let the reader escape into flights of fancy, instead bringing one back to earth gently, sometimes with humor, sometimes with real-life anecdotes.
This book allows the reader to seek information to a depth that he or she wishes. As an example, the Monte Carlo technique is presented in all its complexity for those willing and able to study it. At the same time, mathematically challenged readers can still come away with an understanding of what is going on. The author is skilled in clearly explaining complexities and the many well designed charts and tables greatly assist the reader.
These are just some of the features that set this book apart and give it a strong practical value to all of those who create and exploit technology assets, and to those who advise them. Anyone in those roles should have this book within easy reach.
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The book is a very comprehensive treatment (pardon the pun) of the case for the legalisation of drugs. Although the study is applicable to Britain it also has a general applicability elsewhere.
For me the value of this book lies in it's general consideration of the public policy making process. What emerges from the case of legalisation of drugs is a strong public choice view of the interests of the politicians and bureaucrats involved in the drugs trade. The growing funds available to those fighting in the war against drugs may not achieve success in the sense of a growing number of arrests and confiscations and a reduced supply of the drugs themselves but can be considered successful in the sense that there are more police, drug enforcement officers, more managers, administrators, more bureaucrats but there are wider powers of stop and search, of bank accounts frozen and assets confiscated, more powerful and advanced equipment etc.
Comparisons of the illegal trade in drugs and the legal trade in accepted drugs such as alcohol, cigarettes or chocolate, or the slightly more restricted trade in drugs such as prozac etc, show how much of the funds available to enforcement agencies could be redirected into criminal investigations where there are identifiable victims and where the success and glamour rates are much lower.
Above all, this is a phoney war. It is indicative of a fettered society where certain practices are outlawed because they do not fit the public values of the elites who manage our society yet who avail themselves of those practices. We live in a hypocritical society where drug use and payment for sexual services are pervasive yet are both categorised as illegal as well as immoral.
The case for the legalisation of drugs is often obscured by reference to the resulting addiction to so-called hard drugs despite the lack of clear evidence. What continues to surprise is the fact that under a legalised system combined with normal business regulation, usage would be much more transparent. This would allow the more accurate use of resources to help people with their own problems which lead to their dependency. It is beyond belief that people cannot see how the resources currently used against petty theft, burglary and prostitution which result from drug users having to find the funds to pay for their drug consumption could be more usefully deployed, not to mention the reductions in those categories that would be reduced.
This is a well written, well argued book that makes an excellent case for the legalisation of drugs. Together with a recent declaration of a change in thinking amongst senior police officers, it is a welcome addition to the literature and debate on the subject.
Should be required reading for every politician.
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