Re: Public Opinion On Spending

2002-07-31 Thread AdmrlLocke
In a message dated 7/31/02 4:30:50 PM, [EMAIL PROTECTED] writes: I'm not sure this is right. If you look at what the public say they would like in a government health care program it is huge and very expensive (in contrast I suspect if you asked how much they would like to spend on it the

Re: Public support for farm subsidies

2002-07-31 Thread AdmrlLocke
In a message dated 7/31/02 9:23:51 AM, [EMAIL PROTECTED] writes: On Wed, 31 Jul 2002 [EMAIL PROTECTED] wrote: but I try to recall that the wording of a poll can substantially alter its results. Imagine, to The question wording could have been a bit better, but nothing was

Re: Public support for farm subsidies

2002-07-31 Thread AdmrlLocke
In a message dated 7/31/02 10:44:36 AM, [EMAIL PROTECTED] writes: Standard questions ask higher spending, lower spending, or about the same. I bet you would get at least 40% saying about the same and probably 25% saying higher, making the status quo the median voter outcome. You can check

Re: Public support for farm subsidies

2002-07-31 Thread AdmrlLocke
In a message dated 7/31/02 12:09:35 PM, [EMAIL PROTECTED] writes: Howdy, Does anybody think that the amount or pattern of support for farm subsidies would change if the average American were better informed? (I know, I know, better informed is awfully value laden and implies a Philistine-ish

Re: Public Opinion On Spending

2002-07-31 Thread AdmrlLocke
In a message dated 7/31/02 11:18:21 PM, [EMAIL PROTECTED] writes: William Dickens wrote: As I understand it, the cost of the medicare program turned out to be much greater than expected, but not because congress kept changing the legislation to add more goodies. Rather treatment became

Re: Public Opinion On Spending

2002-08-01 Thread AdmrlLocke
In a message dated 8/1/02 11:53:27 AM, [EMAIL PROTECTED] writes: Programs Billions of dollars as of FY 1993 Medicaid$76 Food Stamps $25 AFDC (Family Support) $16 Child Nutrition Programs/WIC$ 7 Public Housing Assistance $20 Total Federal Spending

Re: Public Opinion On Spending -- order of magnitude

2002-08-01 Thread AdmrlLocke
In a message dated 8/1/02 2:50:47 PM, [EMAIL PROTECTED] writes: If you want a technical definition: if X is precisely N orders of magnitude greater than Y, then X = (10^N)Y. Thus 110 million, being between 80 million and 800 million, is between one and two orders of magnitude greater than

Re: farm subsidies/amtrak

2002-08-09 Thread AdmrlLocke
In a message dated 8/9/02 1:37:25 PM, [EMAIL PROTECTED] writes: While it might be true that urban dwellers don't support direct farm subsidies to the same extent as rural dwellers (though my bet is that the support is still large) what they do support is food stamps which are another form of

Re: farm subsidies/amtrak

2002-08-09 Thread AdmrlLocke
In a message dated 8/9/02 8:28:26 PM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: I've noticed in contest after contest media polls fairly consistently overstate support for the candidate percieved to be more liberal by 5-15% That's interesting. Two serious questions. First,

Re: farm subsidies/amtrak

2002-08-09 Thread AdmrlLocke
In a message dated 8/9/02 7:14:44 PM, [EMAIL PROTECTED] writes: Sen. Robert Torricelli's Republican challenger has apparently decided to make the Torch's support for the latest farm bill an issue in this campaign, judging by this press release they put out after Torricelli apologized for his

Re: Savings Rates -- asset/house prices -blogs

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 2:42:34 PM, [EMAIL PROTECTED] writes: I recall buying a couple of houses in Silicon Valley: put all your money down, plus whatever you could borrow from relatives;add your income to see how much you could afford to pay per month and get an 80% mortgage based on

Re: Why Compact Cars Identical?

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 2:42:35 PM, [EMAIL PROTECTED] writes: Wouldn't it be easier to produce cheap cars if all models were similar to each other? Ie, you wouldn't need to retool for every model - just make some cosmetic changes and keep the cost low? I think that was the idea behind the

Re: Savings Rates

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 2:42:47 PM, [EMAIL PROTECTED] writes: William Dickens wrote: Gale and Sabelhaus do not answer the question that you ask but they do look at the question of whether savings rates are low if we define savings as change in wealth rather than income minus

Re: Why Compact Cars Identical?

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 4:18:25 PM, [EMAIL PROTECTED] writes: Or to rephrase in economic terms, risk averse managers prefer copying a proven strategy (low risk/low payoff) than engaging in RD (high payoff/high risk). Fabio That certainly looked true toward the end of the 1980s, when all

Re: Savings Rates

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 5:57:09 PM, [EMAIL PROTECTED] writes: One might also want a separate category of savings which excludes non-reproducible assets such as paintings or land value, since, for example, if the value of a painting rises, this is an increase in the net worth of the owner,

Re: North on ideology

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 8:48:56 PM, [EMAIL PROTECTED] writes: I don't know what the term neoconservative means, nor do I understand why that particular label is relevant to this discussion. I'm not sure that anyone knows what it means or rather, that there's any common agreement on

Re: North on ideology

2002-08-12 Thread AdmrlLocke
In a message dated 8/12/02 8:49:19 PM, [EMAIL PROTECTED] writes: I haven't read Tucker, but I've always thought that Von Mises is correct when he says that the essential mark of socialism is that one will alone, acts, irrespective of whose will it is (Human Action, p 695.) To me, this

Re: charlatanism

2002-08-14 Thread AdmrlLocke
Does anyone think, at least in the excerpts we read, that the article attacked libertarian or libertarian-leaning economics as much as it attacked economics generally? David Levenstam

Re: charlatanism

2002-08-14 Thread AdmrlLocke
In a message dated 8/14/02 1:47:34 PM, [EMAIL PROTECTED] writes: [EMAIL PROTECTED] wrote: The real charlatans in academia are the many frauds who build their whole careers by getting their names put on coauthored papers to which they have not legitimately contributed. That's a sort of

Re: falling murder rates attributable to better trauma care?

2002-08-14 Thread AdmrlLocke
In a message dated 8/14/02 3:38:21 PM, [EMAIL PROTECTED] writes: Here's a link to a NY Times article: http://www.nytimes.com/2002/08/12/national/12MURD.html?ex=1030256121ei=1en=4 ca972cf978300ff It refers to a study by Anthony R. Harris, published in the journal Homicide Studies. He

Re: Nations as Corporations

2002-08-14 Thread AdmrlLocke
In a message dated 8/14/02 3:37:34 PM, [EMAIL PROTECTED] writes: The problem is central planning. The US corporation would be a giant enterprise subject to the inefficiencies of any large organization. Also, minority interests would be overpowered as they are now. Would government spending

Re: Nations as Corporations

2002-08-15 Thread AdmrlLocke
In a message dated 8/14/02 8:21:54 PM, [EMAIL PROTECTED] writes: However, the two statements are compatible. In society there are minorities with little power and other minorities with much power. For example, a country could have a ruling elite with much wealth and power, and also despised

Re: how to eliminate unemployement

2002-08-16 Thread AdmrlLocke
In a message dated 8/16/02 11:50:09 AM, [EMAIL PROTECTED] writes: In some sense, local tax collecting communities would then act as competing corporations – to link this thread with the other topic floating around on the list - jacob braestrup In some sense they do already. New York

Re: Partisan fiscal policy

2002-08-20 Thread AdmrlLocke
In a message dated 8/20/02 7:58:33 AM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: In a very simplistic macro view, raising public expenditures or lowering taxes (in the short run) were both considered expansionist fiscal policies--at least in the sense that both increase

Re: Europe's worst ever floods linked to poor land management

2002-08-26 Thread AdmrlLocke
oops. Make that more dikes rather than fewer.

Re: Europe's worst ever floods linked to poor land management

2002-08-26 Thread AdmrlLocke
In a message dated 8/26/02 11:34:01 AM, [EMAIL PROTECTED] writes: 2: I seem to recall that heavy flooding in the Mississippi / Missouri area led to a reversal of the let's build a protective dike and thus move the problem down stream-policy. Large areas (including whole villages) were

Re: Median Voter and Sampling

2002-08-26 Thread AdmrlLocke
In a message dated 8/26/02 6:33:51 PM, [EMAIL PROTECTED] writes: There are several levels of puzzlement. Puzzle #1: The median voter disapproves of existing policy. Puzzle #2: The median voter, primary voters, and party activists ALL disapprove of existing policy. I don't think there are

Re: Median Voter and Sampling

2002-08-27 Thread AdmrlLocke
In a message dated 8/27/02 12:19:39 AM, [EMAIL PROTECTED] writes: 4. Cognitive limitations: I'm no expert, but my hunch is that many people are only willing to get worked up over a small # of issues - taxes, abortion, immigration, defense... and the dedicated might add their favorites like

Re: Median Voter and Sampling

2002-08-28 Thread AdmrlLocke
In a message dated 8/28/02 2:02:10 PM, [EMAIL PROTECTED] writes: Sure, there is a little of this. But again, I doubt this matters much. The Supreme Court held off New Deal legislation a little bit for a couple of years, but after 4 years it caved in completely. This must be one of the most

Re: Median Voter and Sampling

2002-08-28 Thread AdmrlLocke
In a message dated 8/28/02 3:35:39 PM, [EMAIL PROTECTED] writes: Uh, how about the first income tax ever passed? It had super-majority support in amendment form! Congress passed the first federal income tax in 1861, without supermajority support. If you'd asked the average Northern voter

Re: Median Voter and Sampling

2002-08-29 Thread AdmrlLocke
In a message dated 8/28/02 11:18:09 PM, [EMAIL PROTECTED] writes: Another MVT deviation: Personal bankrupcy law. I bet most voters would prefer more lenient laws. Fabio Ironically, Todd J. Zywicki is presenting a paper at GMU Friday in which he argues that people make less use of the

Re: Charity and Races as Complements

2002-09-09 Thread AdmrlLocke
In a message dated 9/9/02 12:05:12 AM, [EMAIL PROTECTED] writes: Being willing to run 10K is the opposite, so to speak. If D.L. is willing to run until he pukes, then the cause must be important to him and I'm more willing to give a few minutes to hear his plea and possibly give money. Just

Re: Why does tenure exist?

2002-09-19 Thread AdmrlLocke
Don't federal and state workers effectively have tenure? Isn't it virtually impossible to fire a government worker covered by civil service in America? DBL

Re: compensation for dock strike

2002-10-05 Thread AdmrlLocke
In a message dated 10/4/02 3:48:42 PM, [EMAIL PROTECTED] writes: The West-Coast dock strike is reported to be costing the economy over $2 billion per day, and rising with time. Has anyone proposed or analyzed levying a tax on the union and firms which handle the port cargo to compensate for

Re: Why does tenure exist?

2002-10-05 Thread AdmrlLocke
In a message dated 10/5/02 11:10:41 PM, [EMAIL PROTECTED] writes: Private employers have occasionally tried something like tenure--it has been widely aspired to in Japan since WW2 (although only the larger employers have been able to apply it in practice) and IBM was for many years famous

Re: Nobels

2002-10-09 Thread AdmrlLocke
In a message dated 10/9/02 5:36:46 PM, [EMAIL PROTECTED] writes: Since I did not cash in on my Nobel prediction this is sufficient evidence I'm NOT an insider. :-) Unless of course you simply pretended not to know in order to fool us into believing that you're not an insider. ;)

Re: patent paper and bepress

2002-10-13 Thread AdmrlLocke
In a message dated 10/13/02 10:43:44 AM, [EMAIL PROTECTED] writes: Its my impression that the physical science journals all want fast turn around on their referee reports. Anybody know what its like with Anthropology, Sociology, or Political Science? - - Bill Dickens I seem to recall that

Re: (book review)The Case against Government Science

2002-10-13 Thread AdmrlLocke
In a message dated 10/13/02 11:00:44 PM, [EMAIL PROTECTED] writes: Should only corporate science be considered private science? ~Alypius Skinner For that matter, not all corporate science would be purely private either, since some of it probably gets directly subsidized and some of it

Re: (book review)The Case against Government Science

2002-10-14 Thread AdmrlLocke
In a message dated 10/14/02 4:32:57 PM, [EMAIL PROTECTED] writes: - Original Message - From: [EMAIL PROTECTED] With the widespread intrusion of the federal government into the lives and business of everyone, it might be fruitful to consider a spectrum of research spanning the

Re: Journal response times

2002-10-15 Thread AdmrlLocke
In a message dated 10/15/02 11:54:01 AM, [EMAIL PROTECTED] writes: While there is a lot of nutty stuff in academia Does that mean there are many nutty professors? I thought there were only two--Jerry Lewis and Eddie Murphy. :) If there are many, how could we model the market for them?

Re: VA sales tax question

2002-10-21 Thread AdmrlLocke
In a message dated 10/21/02 8:37:58 PM, [EMAIL PROTECTED] writes: A sales tax does shift purchases; some purchases will shift to out-of-state mail-order or nontaxed services. (Virginia does have a use tax, but few pay it, as I recall.) Fred Foldvary In Iowa I delighted in buying my books

Re: Return to Education and IV

2002-10-24 Thread AdmrlLocke
In a message dated 10/24/02 10:51:12 AM, [EMAIL PROTECTED] writes: This is always the response of mainstream economists when one points out that people obviously are not behaving as models predict. Unfortunately, for a lot of people that is where the discussion stops. The assumption seems to

Re: External Value of the Nobel

2002-10-11 Thread AdmrlLocke
In a message dated 10/11/02 3:04:09 PM, [EMAIL PROTECTED] writes: There is an article in this morning's Wash Post that disputes the value of the recent Nobels awarded to professots at GMU and VCU to their respective institutions. The Post has had another article or two essentially

Re: Return to Education and IV

2002-11-04 Thread AdmrlLocke
In a message dated 11/4/02 4:30:31 PM, [EMAIL PROTECTED] writes: I think Bill would say that he's pretty sure. He's seen the data, crunched the numbers, read the literature, etc. If you feel comfortable failing people on their exams, why shouldn't you feel comfortable giving them a failing

Economics of Vet Med

2002-11-08 Thread AdmrlLocke
I'd been under the impression that the federal government didn't regulate veterinary medicine as strictly as it regulates human medicine, but today my vet insisted that veterinary drugs have to go through the exact same process for FDA approval. Does anyone know anything about the truth of the

Re: Self-assesment vs. Rationality

2002-11-11 Thread AdmrlLocke
In a message dated 11/11/02 10:42:47 AM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: Yes. Somewhere along the line someone--either the most ardents adherents or the most disingenuous opponents--has defined rational expectations as meaning that people are perfect prognosticators,

Re: The Cigarette Standard

2002-11-14 Thread AdmrlLocke
In a message dated 11/14/02 1:53:35 PM, [EMAIL PROTECTED] writes: Has anybody studied how well cigarettes work as a monetary standard in US prisons? From what I've been led to believe, cigarettes are universally used to facilitate commerce in a prison economy. It seems like the cigarette is

Re: The Cigarette Standard

2002-11-14 Thread AdmrlLocke
In a message dated 11/14/02 4:06:17 PM, [EMAIL PROTECTED] writes: [EMAIL PROTECTED] wrote: It seems like the cigarette is everything a good solid currency needs to be Except that you can't smoke your cigarettes and have them, too. A researcher with alot of smokes could probably come up

Re: Economics of Vet Med

2002-11-14 Thread AdmrlLocke
In a message dated 11/10/02 1:30:51 PM, [EMAIL PROTECTED] writes: On Friday 08 November 2002 01:08 pm, [EMAIL PROTECTED] wrote: I'd been under the impression that the federal government didn't regulate veterinary medicine as strictly as it regulates human medicine, but today my vet

Re: The Cigarette Standard

2002-11-14 Thread AdmrlLocke
In a message dated 11/14/02 5:56:29 PM, [EMAIL PROTECTED] writes: That is a benefit. A good currency is a widely traded, useful, commodity. That's why salt, cocoa beans, cattle, etc., were used as money. Having a consumer use anchors the value of the currency. Fred Foldvary I was just

Re: Cost vs. Price or Flatland

2002-11-16 Thread AdmrlLocke
In a message dated 11/15/02 4:15:41 PM, [EMAIL PROTECTED] writes: On Fri, 15 Nov 2002, john hull wrote: If someone is willing to make a bet with you, you should wonder if maybe she knows something you don't. If you really want to get paranoid about everything you do, read the lit on the

Re: Limited Liability for Vaccine Makers

2002-11-20 Thread AdmrlLocke
In a message dated 11/20/02 11:50:17 AM, [EMAIL PROTECTED] writes: Armchairs: What are the pros and cons of limiting liability for the maker of a new vaccine? It seems to me that a disadvantage of limited liability is the moral hazard that the maker will do a less responsible job of

Re: A Short Review of *Hard Heads, Soft Hearts*

2002-12-02 Thread AdmrlLocke
In a message dated 12/2/02 3:58:43 PM, [EMAIL PROTECTED] writes: --- Grey Thomas [EMAIL PROTECTED] wrote: (1)you can choose to be homeless, take no jobs nor responsibility, and peacefully beg from others who, if it's voluntary, can give to you (or not) with no moral problems. (This includes

Re: A Short Review of *Hard Heads, Soft Hearts*

2002-12-02 Thread AdmrlLocke
In a message dated 12/2/02 4:03:15 PM, [EMAIL PROTECTED] writes: --- Alypius Skinner [EMAIL PROTECTED] wrote: But what if this ugly guy isn't rich--oh! You mean pecuniary benefits taken from *other* people--purely through voluntary donations of course. After all, you consider force to be

Re: Dubyanomics

2002-12-04 Thread AdmrlLocke
In a message dated 12/4/02 7:17:57 PM, [EMAIL PROTECTED] writes: I remember when VP Quayle uttered (or was said to have uttered) the line, the best educated Americans in the world. In fact, the line is shown half-way down this Quayle blooper page: http://www.psiaz.com/quayle.htm So unless

Re: A Short Review of *Hard Heads, Soft Hearts*

2002-12-04 Thread AdmrlLocke
In a message dated 12/4/02 1:14:42 PM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: Actually it would be interesting to hear someone delinate a clear distinction between taxation on money and taxation in kind. There is no clear distinction. Money is a medium, and the underlying

Re: Median voter thm. Elementary question

2002-12-05 Thread AdmrlLocke
In a message dated 12/5/02 12:56:07 AM, [EMAIL PROTECTED] writes: Howdy, I've never really studied the Median Voter Theorem. Recently I read where someone claimed that the U.S. political system was designed to keep the two parties nearly identical by keeping other parties out. I assumed that

Re: reaganomics--elementary question

2002-12-05 Thread AdmrlLocke
In a message dated 12/5/02 10:04:34 PM, [EMAIL PROTECTED] writes: As a historical note abou the Laffer curve, it's interesting to see that the phenomenon was already described by Bastiat in his 1847-02-21 article Curieux phénomène économique (a peculiar economical phenomenon), itself

Re: Emission Trading

2002-12-11 Thread AdmrlLocke
In a message dated 12/11/02 12:02:46 PM, [EMAIL PROTECTED] writes: Denny Ellerman and his colleagues at MIT pretty much have the franchise on this issue. See Markets for Clean Air: The US Acid Rain Program, Cambridge University Press, 2000. Sounds like a cry for some competition! :) David

Re: is japan faking it?

2002-12-15 Thread AdmrlLocke
In a message dated 12/15/02 9:40:19 PM, [EMAIL PROTECTED] writes: * Japan's trade has continued to expand. Its current account surpluses totalled $US987 billion in the disastrous 1990s. This was nearly 2.4 times the total recorded in the 1980s when Japan was already seen as the unstoppable

Re: Politics and Game Theory

2002-12-15 Thread AdmrlLocke
I've long thought that the notion of negative campaigning is largely a product of the statist-liberal media oligopoly. They don't much care for other people--like candidates with whom they disagree--providing you with information so they criticize such candidates for negative campaigning if

Re: limited liability

2002-12-16 Thread AdmrlLocke
In a message dated 12/17/02 12:21:42 AM, [EMAIL PROTECTED] writes: Fred Foldvary wrote: The argument for [limited liability] is that investors are more willing to put up funds if they will not be personally liable. Nor should they be liable, since lenders are also not, and one could map

Re: limited liability

2002-12-17 Thread AdmrlLocke
In a message dated 12/17/02 2:30:29 PM, [EMAIL PROTECTED] writes: Fred Foldvary wrote: U.S. and State laws limit this liability, but in a pure market, the directors should be personally and fully liable for a corporation's debts, as would be the general partners of a partnership.

Re: limited liability

2002-12-18 Thread AdmrlLocke
In a message dated 12/18/02 9:19:28 AM, [EMAIL PROTECTED] writes: In practice, small corporations usually cannot get loans without the major stockholder personally guaranteeing the loans, so in those cases limited liability serves mostly to protect the owner(s) from liability to tort victims.

Re: limited liability

2002-12-18 Thread AdmrlLocke
In a message dated 12/18/02 1:09:04 PM, [EMAIL PROTECTED] writes: Perhaps the ideal structure would be two classes of investors: 1) limited-liability bondholders, with dividends per bond equal to that of owners of common shares, and no voting rights. 2) unlimited liability shareholders, with

Re: Paid Programming

2002-12-25 Thread AdmrlLocke
In a message dated 12/25/02 12:59:23 AM, [EMAIL PROTECTED] writes: A question inspired by working the Caplan twin night shift: How come almost all of the paid programming is on late at night? Yes, rates are lower, but viewership is lower too. Are late-night viewers unusually impressionable,

Re: FW: History shows paths to market crashes, but lessons seem forgotten

2003-01-05 Thread AdmrlLocke
In a message dated 1/5/03 6:56:36 PM, [EMAIL PROTECTED] writes: Take the crash of 1929. In Devil Take the Hindmost, Edward Chancellor records how Wall Street's elite convinced themselves that the rules of economics had been rewritten and that the market could support ever-higher

Re: Study disovers Swedes are less well-off than American blacks

2003-01-05 Thread AdmrlLocke
I have little doubt that the heart of the study reaches a correct mathematical conclusion--that the average Swede has a lower income than the average American black. It does, however, contain a few myths I'd like to briefly address below. In a message dated 12/29/02 10:23:43 PM, [EMAIL

Re: FW: History shows paths to market crashes, but lessons seem forgotten

2003-01-07 Thread AdmrlLocke
In a message dated 1/7/03 12:53:47 AM, [EMAIL PROTECTED] writes: I find it interesting that there are so many more articles about bubbles than about the underlying reality of the equity premium puzzle. This is a nice case where a little knowledge is a dangerous thing. The average investor

Re: FW: History shows paths to market crashes, but lessons seem forgotten

2003-01-07 Thread AdmrlLocke
In a message dated 1/7/03 11:58:51 AM, [EMAIL PROTECTED] writes: If one had a cynical bent one might suggest that the predominance of stories about the small bubbles in the huge cake batter of the miracle of modern economic growth stems from a prevalence of statists in the news media. David

Re: FW: History shows paths to market crashes, but lessons seem forgotten

2003-01-08 Thread AdmrlLocke
In a message dated 1/8/03 7:10:56 AM, [EMAIL PROTECTED] writes: True, but people don't live 300 years! People who make their fortunes in a bull market and then get decimated in a bear market may not recover in their lifetimes. It has happened before. ~Alypius Skinner yes, and that may

Re: News Coverage and bad economics

2003-01-09 Thread AdmrlLocke
In a message dated 1/8/03 4:51:38 PM, [EMAIL PROTECTED] writes: Mises said that everyone must learn economics because public policy is set by public opinion. It's an unrealistic demand, but it might be warranted, absent the death of democracy. My old economics mentor at University of Colorado

Re: News Coverage and bad economics

2003-01-10 Thread AdmrlLocke
In a message dated 1/9/03 9:49:18 PM, [EMAIL PROTECTED] writes: Hilarious! I'd already killfiled AdmrlLocke, so I hadn't read his first message. Love your answer though. Wow, I had no idea that people on the list held me in such contempt, or indeed in contempt at all. What sin or sins

Re: News Coverage and bad economics

2003-01-10 Thread AdmrlLocke
In a message dated 1/10/03 1:53:07 PM, [EMAIL PROTECTED] writes: when you go on about statists you do sound a little like Marxists when they go on about captialists. :) -jsh I used statist-liberal and statist media to distinguish the adherents of big government from classical liberals.

Re: going on about 'statists'

2003-01-10 Thread AdmrlLocke
In a message dated 1/10/03 3:31:26 PM, [EMAIL PROTECTED] writes: Of course, Jan Lester has pointed out that libertarian anarchists are actually probably the opposite of fascists, since one can invert Mussolini's definition of fascism to come up with a very clear statement of anarchism:

Re: News Coverage and bad economics

2003-01-10 Thread AdmrlLocke
In a message dated 1/10/03 5:07:11 PM, [EMAIL PROTECTED] writes: Please take these discussions of personalities off-list. Thanks! Especially given that it's my personality people were discussing, I wholeheartedly concur. It's bad enough to have to live with my personality 24/7 without

Re: Dividend Tax cut

2003-01-11 Thread AdmrlLocke
I don't see how too much capital could cause a recession, or indeed how it's possible to have too much capital. Do you mean too much credit, too much borrowed capital? The notion of too much borrowed capital fits with both Austrian and monetarist theories of recession. Since I first studied

Re: Tax cuts and US citizen responses

2003-01-13 Thread AdmrlLocke
In a message dated 1/13/03 7:33:09 AM, [EMAIL PROTECTED] writes: Can anyone explain why ordinary Americans are not objecting to tax cuts (such as dividend tax cuts) that will only favour the top percentiles of the wealthy ? Koushik In absolute terms, the tax cut would favor those with

Re: Taxes direct and indirect

2003-01-14 Thread AdmrlLocke
Before the leftists drive me out of Iowa, I'd planned to do my dissertation in income tax history, and began to do preliminary research on what the Founding Fathers meant by direct taxes. I read the The Debate on the Constitution and discovered that direct taxes seemed to be one of those

Cutting Corporate Tax Instead of Tax on Dividends (Was Re: questions about dividend tax cut

2003-01-14 Thread AdmrlLocke
Originally the federal income tax law sought to tax income closest to the source, presumably because the farther from the source, the more easily income might escape detection and therefore taxation. In the hearings over the 1913 income tax law one member of Congress suggested simply taxing

Re: Grade inflation - an easy explanation?

2003-01-14 Thread AdmrlLocke
In the Rhetoric Department at Iowa instructors who tried to actually teach writing and therefore generated many student complaints were offered out of their contracts--that is, forced out--because the chair and assistant chair didn't want to deal with student complaints. In a message dated

Re: Taxes direct and indirect

2003-01-15 Thread AdmrlLocke
In a message dated 1/15/03 9:34:26 AM, [EMAIL PROTECTED] writes: Interestingly, when the US Supreme Court knocked down the federal income tax in 1894 as violating the direct/indirect distinction, they referred to Physiocratic doctrine. Fred Foldvary Thank you for the interesting explanation

Re: Taxes direct and indirect

2003-01-15 Thread AdmrlLocke
In a message dated 1/15/03 7:35:14 PM, [EMAIL PROTECTED] writes: It's been a while since I read Pollock, but I don't recall anything like what you're describing. David Levenstam See: http://www.geocities.com/antitaxprotestor/harvard.html From Pollock v. Farmers': All the acts passed

Re: Neutral taxation?/was Re: questions about dividend tax cut

2003-01-15 Thread AdmrlLocke
Dear Dan, I actually do agree, which is part of why when my conservative friends would support a national sales tax instead of an income tax as though a national sales tax were a panacea I'd just shake my head and tell them, there's no such thing as an unburdensome tax. There's no

Re: Neutral taxation?

2003-01-16 Thread AdmrlLocke
I have to agree with Susan. Health clubs are voluntary organizations which, unlike governments, lack the ability to legitimately threaten or employ force to get me to join. I have seen, furthermore, members of my old health club in Iowa complain bitterly at the provision or increase of

Re: Neutral taxation?

2003-01-16 Thread AdmrlLocke
In a message dated 1/16/03 3:31:01 PM, [EMAIL PROTECTED] writes: Given democracy, one (adult) person, one vote, a strong case can be made for a neutral poll tax. Tom Grey Fred writes: The poll tax is what got Maggie Thatcher thrown out of office in the UK. The problem is that different

Re: Neutral taxation?/was Re: questions about dividend tax cut

2003-01-16 Thread AdmrlLocke
Dear Tom, I hope I got your definition of neutral right in the last post. As I indicated, I'd support a poll tax (so long as I'm an armchair intellectual and not running for office, which with my abrasive personality would be a joke anyway). I also support a flatter income tax. In fact I'd

Re: Neutral taxation?/was Re: questions about dividend tax cut

2003-01-16 Thread AdmrlLocke
In a message dated 1/16/03 11:57:03 AM, [EMAIL PROTECTED] writes: AdmrlLocke wrote: The farmer felt no compunction at all about complaining that while under the income tax system he pays no tax, under a sales tax he'd pay a hefty tax. He pays nothing and he thinks he's entitled to pay

Re: National sales tax (was: Re: Neutral taxation?)

2003-01-16 Thread AdmrlLocke
In a message dated 1/16/03 8:47:15 PM, [EMAIL PROTECTED] writes: This brings to mind an historical point which has been tugging at me - perhaps someone here will know the answer offhand. Has there *ever* been an instance where one type of tax has entirely replaced another, or even replaced in

Re: Neutral taxation? with respect to what?

2003-01-17 Thread AdmrlLocke
Dear Tom, By neutral I actually thought you mean one that wouldn't prejudice people's economic behavior. Opponents of the income tax often accuse it of discouraging work, saving, and investment and encouraging consumption. I thus thought that a neutral tax by comparison would be one that

Re: May not be combined with other offers

2003-01-17 Thread AdmrlLocke
In a message dated 1/17/03 1:15:57 PM, [EMAIL PROTECTED] writes: --- Bob Steinke [EMAIL PROTECTED] wrote: However, giving cash in our society is gauche. It is in dominant WASP culture, but not in some subcultures. My parents, for instance, give me cash each year, and this year my brother

Re: are real estate markets competitive?

2003-01-26 Thread AdmrlLocke
In a message dated 1/25/03 3:54:04 PM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: I'm also reminded that, like one friend of mine, people who work in small towns often buy an old farm house and live in it, while contracting out to some neighbor or farming friend to do a little bit of

Re: are real estate markets competitive?

2003-01-26 Thread AdmrlLocke
In a message dated 1/25/03 9:20:45 AM, [EMAIL PROTECTED] writes: --- [EMAIL PROTECTED] wrote: Federal, state and local land regulations often discourage the conversion of currently-farmed land for other purposes, like indstrial or high-density residential use. The number of people engaged in

Re: Bubblemania

2003-01-26 Thread AdmrlLocke
In a message dated 1/26/03 8:02:08 PM, [EMAIL PROTECTED] writes: (demographically, the boom began in 1943) The fertility rate (measured per 1000 women) in 1943 barely exceeded that of 1942 (2,718 v. 2,628), follwed by declines in 1944 (2,568) and 1945 (2,491), only a bit higher than the rates

Re: are real estate markets competitive?

2003-01-27 Thread AdmrlLocke
In a message dated 1/24/03 10:32:20 PM, [EMAIL PROTECTED] writes: real estate markets aren't competitive, in the economic sense of the word? In the sense of rivalry, there is plenty of competition in cities. Maybe not in some rural areas. Fred Foldvary Having just moved from Iowa I got to

Re: Bubblemania

2003-01-30 Thread AdmrlLocke
In a message dated 1/30/03 8:30:04 AM, [EMAIL PROTECTED] writes: Thanks for the accurate data. Elsewhere, I have read that the pre-war baby bust began in the mid-1920's--before the great depression--and so could not have been entirely a result of the difficult times of the '30's. If it

Re: Economic anamolies and Kuhn

2003-02-01 Thread AdmrlLocke
In a message dated 2/1/03 1:42:44 PM, [EMAIL PROTECTED] writes: I've also heard that the New Keynesians accept a good deal of what the old Keyneisans and neo-Keynesians rejected, Alypius Skinner wrote: What's the difference between a new Keynesian and a neo-Keynesian? Perhaps a school

Re: Advise to Journalists: keep it real!

2003-02-03 Thread AdmrlLocke

Re: Lott

2003-02-05 Thread AdmrlLocke
In a message dated 2/5/03 12:01:23 PM, [EMAIL PROTECTED] writes: Indeed, the main finding from the surveys is not the brandishment result but the fact that guns are used defensively several million times a year (according to Kleck's survey and several others.) Which is highly suspect. It is

Re: Lott

2003-02-05 Thread AdmrlLocke
It's my understanding that Kleck uses FBI crime statistics in his computations. Those are estimates of the active use of firearms to deter crimes. It appears that the ownership of firearms also passively discourages crimes: while the US has a hire rate of public crime than in Europe, the

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