Jim D. wrote,
> also, a lot of the payment for education is in the form of taxes, and so
> doesn't show up in the CPI. (Does the CPI exclude sales taxes? even if it
> doesn't, it does exclude most other taxes.)
Only post-tax spending is included in the CPI. Public school spending, etc,
does not
Isn't that Samuelson's term?
On Sun, Jul 07, 2002 at 12:10:24PM -0400, Doug Henwood wrote:
> [EMAIL PROTECTED] wrote:
>
> >"revealed preferences"
>
> Who came up with that concept?
>
> Doug
>
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-
Title: RE: [PEN-L:27709] Re: Re: Re: Re: Inflation and CPI
also, a lot of the payment for education is in the form of taxes, and so doesn't show up in the CPI. (Does the CPI exclude sales taxes? even if it doesn't, it does exclude most other taxes.)
Jd
-Original Message-
From: [EMA
Doug H wrote
> >"revealed preferences"
> Who came up with that concept?
Paul Samuelson.
Background (from long-ago graduate school days). About 75% of the following is
true.
In the old days of neoclassical economics they made use of the notion
of "utility." Utility was generally seen to measu
[EMAIL PROTECTED] wrote:
>"revealed preferences"
Who came up with that concept?
Doug
