Michael Perelman wrote:
> Our system has been down. I have not been able to follow this thread. The
> mail I am reading is also out of order, but it seems that Roger is going over
> the top with Tom. please stop.
Could you please explain what you mean by "it seems that Roger is going over the
Brad De Long wrote:
>Why is there this extraordinary--eager--desire to take Keynes's
>quote out of context?
Remarkable, isn't it? Didn't Hayek offer the charming interpretation
that Keynes's queerness made him not care about the future?
Doug
Our system has been down. I have not been able to follow this thread. The
mail I am reading is also out of order, but it seems that Roger is going over
the top with Tom. please stop.
Timework Web wrote:
> I haven't had so much fun since a bunch of latter-day Anarcho-Pagans
> called me provoca
>I haven't had so much fun since a bunch of latter-day Anarcho-Pagans
>called me provocateur and police agent. O.K., O.K. I can see I'm not
>welcome here. Unless I get positive feedback from other subscribers, Pen-l
>won't have me to kick it around anymore. *That's* my gambit. I'm not in it
>for t
>Again we see the old Keynes quote out of context. The original sense was
>that if we waited for the economy to work itself out of an depression,
>"in the long run" as was advocated by the right, we would all be dead by
>the time it happened, i.e., it wouldn't happen.
>
>The rest of the article, h
Again we see the old Keynes quote out of context. The original sense was
that if we waited for the economy to work itself out of an depression,
"in the long run" as was advocated by the right, we would all be dead by
the time it happened, i.e., it wouldn't happen.
The rest of the article, however
Max, you butterfly, you. I would agree that the outcome in the example you
give seems "less unappealing". That is perhaps because we can imagine what
it is like to have an income of $10,000 and what it would feel like to get
a $1000 boost. We can also imagine how unimportant a $2000 windfall might
[These are the concluding paragraphs of an article "Can They Really Cure
Depression" written by Harry Braverman for the American Socialist in May of
1954. Braverman was co-editor of the magazine until he moved on to the
Monthly Review editorial board at the end of the '50s. The magazine was
co-edi
Over on LBO they're arguing about who is
more psychotic. I think both sides are
winning. So this debate compares
well. I would be sorry to see either TW
or RO go. Neither of them has called me
an insect yet.
On the substance of the matter . . . TW said:
Max has an income of $100. Ro
Tom, don't go!
Behind the original question I posed about "progressive taxation" was a
motive. In preparation for someday attacking the analysis that is going to
defend the California de-regulation as a form of "progressive taxation." I
wanted to check to see if there was any basis for cl
Special Issue On Haider and Austrian Fascism
_
The Internet Anti-Fascist: Monday, 7 February 2000
Vol. 4, Number 12 (#386)
_
I haven't had so much fun since a bunch of latter-day Anarcho-Pagans
called me provocateur and police agent. O.K., O.K. I can see I'm not
welcome here. Unless I get positive feedback from other subscribers, Pen-l
won't have me to kick it around anymore. *That's* my gambit. I'm not in it
for the gr
Roger Odisio wrote,
> mean between $10,000 and $15,000--the last bit of bullshit you used to
> avoid addressing which tax system I posited was more progressive.)
Getting testy now, are we?
Max has an income of $100. Roger has an income of $10. I give Max $2
Tom Walker:
> I sense a lot of associative confusion on the issue of
> "progressive" taxation. There are two connotations of progressive that are
> being mixed up here. There is also an intimate historical connection
> between the uses of the two connotations. One meaning of progressive is
> the
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Consumer Credit_. Princeton, NJ: Princeton University Press, 1999. 377 pp.
Illustrations, notes, and index. $29.95 (cloth), ISBN 0-691-05827-X.
Reviewed for H-Business and
Tom Walker:
> Roger Odisio wrote,
>
> > An electricity price reduction is the same thing as a lump sum rebate in
> > this context; each has the same effect on disposable income.
>
> No. The lump-sum rebate in your example was without regard to levels of
> consumption. The poor consumer received t
I wrote: >>It's because Disney sued on the grounds of copyright
infringement, since they had produced a movie about the Hunchback. The
columnist speculated that Disney would sue Victor Hugo next. Is this story
true? How could Disney win such a suit? or did the loser simply capitulate
to avoid
>On Behalf Of Jim Devine
>It's because Disney sued on the
> grounds of
> copyright infringement, since they had produced a movie about the
> Hunchback. The columnist speculated that Disney would sue Victor
> Hugo next.
> Is this story true? How could Disney win such a suit? or did the loser
> si
I sense a lot of associative confusion on the issue of
"progressive" taxation. There are two connotations of progressive that are
being mixed up here. There is also an intimate historical connection
between the uses of the two connotations. One meaning of progressive is
the arithmetic one in which
Roger Odisio wrote,
> An electricity price reduction is the same thing as a lump sum rebate in
> this context; each has the same effect on disposable income.
No. The lump-sum rebate in your example was without regard to levels of
consumption. The poor consumer received the same $200 as the rich
A few days ago, the humor column "Off-Kilter" in the L.A. TIMES reported a
story that may or may not be true (given the source) but sounds plausible.
A company has been producing a figure of the "Hunchback of Notre Dame" for
many years, but was forced to change the name to "the Bell-Ringer of N
G'day Penpals,
Well, if we're not gonna talk information economics, is the list of
currently-in-train-phenomena of any interest to anyone? Is there a
significant shape to be made of it?
* Japan back into recession, on the account of Japan's Head of Economic
Planning hisself (BLS & Washington Po
> An inside story at the [Washington Post says that] the Indiana
legislature yesterday passed a bill allowing schools and other public
buildings to post the Ten Commandments. The paper explains that in the
coming weeks another nine states are poised to vote on similar measures.
<
since the TV is
Tom Walker wrote:
> Roger Odisio wrote,
>
> > The clearest way to see the effect . . .
>
> The key word here is "effect". The illustration you gave, Roger, is not of
> a flat-rate reduction but of a lump-sum rebate. Under the circumstances, a
> lump-sum rebate _would_ be progressive in the strict
Roger Odisio wrote,
> The clearest way to see the effect . . .
The key word here is "effect". The illustration you gave, Roger, is not of
a flat-rate reduction but of a lump-sum rebate. Under the circumstances, a
lump-sum rebate _would_ be progressive in the
Max Sawicky wrote,
> But suppose it is the ratio of net of tax income?
> In Walker's example, the ratio changes from
> (9/8)*(rich inc/poor inc) to (91/82) * (rich/poor).
> The latter is smaller, which could be taken to
> mean "more" progressivity. Or less inequality.
The dictionary definition
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Tom Walker wrote:
> I don't quarrel with the definition, only with applying the term to
> a situation where it doesn't apply. Be humble. Do the math.
>
> > "Increasing in rate as the taxable amount increases: a progressive
> > income tax."
>
> The definition refers to the rate and the taxable amo
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