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In no more than 40 words and without any titles, definitions, or citations, explain how the three economic ways of thought (i.e., Conservative, Radical, and
In no more than 40 words and without any titles, definitions, or citations, explain how the three economic ways of thought (i.e., Conservative, Radical, and Liberal) differ in using income tax to flatten or sharpen the Lorenz Curve. Note 1: A linear Lorenz Curve is the "flattest" possible, and a mirror view of the letter "L" is the "steepest" (i.e., "sharpest") possible Lorenz Curve. Note 2: For any two non-intersecting Lorenz Curves, L1 and L2, if L1 is flatter than L2
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