Afterdebug, amendmentandtest, the systemrealizes the designtarget. With properimprovement, it canbecomes a kindofonlinesalesmanagementsystemwith practical value.
Still, besides being a stirring reaffirmation of the First Amendment, the entertainment value frequently is high, and useful information occasionally is conveyed.
Louis Woodhill, following on the work of Art Laffer, developed a framework for judging whether any given amendment to current tax law pays for itself or is self-defeating by analyzing the change in the present value of revenues discounted out to the infinite horizon produced by the tax amendment.