A Word to the Wise A Word to the Wise A Word to the Wise is a 1770 comedy play by the Irish writer Hugh Kelly. It was his second work after the 1767 hit "False Delicacy". Kelly was known as a supporter of the government, and an opponent of the radical John Wilkes. During the second performance of the play a riot broke out amongst Wilkes' supporters at the Drury Lane Theatre and the play was subsequently withdrawn. When it was published instead Kelly wrote a long introduction defending himself and complaining about political prejudice. It was the first play performed at The Theatre,
Fiscal capacity cannot improve fiscal capacity by simply raising taxes if it does not have a political, legal and fiscal history that has supported such state-power. In comparison to Besley and Persson's individual level study, Gordon and Li (2009) focus on the role of businesses and the financial sector in developed versus developing countries. They model businesses' participation in the financial sector—where Gordon and Li specifically refer to participation in the financial sector as using banks—as participation in the formal sector; they assume that tax authorities can monitor bank records, so that mass participation in the financial sector lends the state information