, but we
don't see these in the market today.
Fred Foldvary
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economies poor. See
http://www.freetheworld.com
Fred Foldvary
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the learning into the category of urgent, so it
gets done.
Fred Foldvary
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The real problem is not how to get money out of politics but how to get
politics out of money.
Alex
For my analysis of how to do this, see Recalculating Consent at:
http://www.gmu.edu/jbc/fest/files/foldvary.htm
Fred Foldvary
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are not willing, don't
park there. Continuously high rates become a signal to provide more parking.
Fred Foldvary
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the space
during those times.
Fred Foldvary
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at business locations.
The market solution would be electronic parking meters that flexibly charge
just enough to avoid congestion at any time of day or night.
Fred Foldvary
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to stop-loss?
Was stop-loss in the contract in the past, when those now subject to that
policy enlisted?
If the stop-loss policy was not in effect, and if the contract did not
provide for this policy, then yes, it acts as a draft.
Fred Foldvary
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of the expenses; most
folks will just go along with reasonable price changes. So often, in such
cases, we really don't know the final price.
Fred Foldvary
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decrease the volume.
Fred Foldvary
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you wish to eliminate all criminal codes?
Fred Foldvary
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experience.
Fred Foldvary
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technology, but as one who has done
computer programming, it seems to me that the simple solution is to require a
field in the email headers that would be set to 1 if the email fits the legal
definition of spam and 0 otherwise.
Software could then easily handle the spam.
Fred Foldvary
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might think it is the fault of the photographer.
Fred Foldvary
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with the means towards goals than on why folks
have the goals that they do. We presume the means involve economizing, and
then there is really no need to inquire personally beyond that; Max(U) given
constraints C does the job, perhaps too abstractly.
Fred Foldvary
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of sugar
beet farms?
Fred Foldvary
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ones because these are the major
free-market ones that currently exist and that could create the basis for the
new movement. This would not just be a new wineskin but a new vintage of wine.
Fred Foldvary
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is subtracted from the prevailing market prices in that
neighborhood to estimate the land value.
and what kind of land you are talking about
All land.
Fred Foldvary
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growth by taxing leisure, but that would distort
choices and lead to less overall economic benefits.
See the book Land and Taxation as well as Land Value Taxation
Around the World (Vol 59 (5) supplement, 2000), American Journal of
Economics and Sociology).
Fred Foldvary
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the land lord like to have idle land?
If he does, fine; let him pay for that consumption.
Fred Foldvary
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and the neighborhood continues its downward
spiral.
The dilemma is solved by contractual agreements, such as the
covenants of the residential association.
Fred Foldvary
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public choice view on / explanation of (the
development of) the welfare state.
Have you seen:
Richard Wagner, To Promote the General Welfare, 1989.
Fred Foldvary
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Stiglitz would have liked to get the prize for the Modigliani-Miller
theorem but that one was already taken.
Alex
Stiglitz also helped develop the Henry-George Theorem.
Joseph Stiglitz, 1977, The Theory of Local Public Goods,
in Economics of Public Services.
Fred Foldvary
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is
the dominant variable in economic growth; Singapore and Hong Kong rate
high even though they are in the tropics or nearby.
Fred Foldvary
dollars difference in the price of the paint when he
is paying $20+ per hour for labor.
Fred Foldvary
civilizations?
This "finding" seems to be a historical concidence stemming from Europe
having firearms and conquering the tropics.
Fred Foldvary
the area to the
tropics, there were civilizations in India, Cambodia, Bali, Central
America, Zimbabwe, and elsewhere, with remains in stone today.
What is the source for the statement that the Aztecs had a lower standard
of living than the Spanish?
Fred Foldvary
in the US
has the most liberty in self-defense and low crime rates relative to other
states.
Fred Foldvary
Anybody know where I might find a time series index of the aggregate value
of property in the United States?
Eric Crampton
Try the Balance Sheets for the US Economy, Federal Reserve Board.
Fred Foldvary
What are the big unsolved puzzles of economic empirical research?
-fabio
How much is the total land rent of the United States or any other country,
and how much would that rent be if all taxes having an excess burden were
eliminated?
Fred Foldvary
of periodic redistribution?
I'd appreciate a reference for this land redistribution in Russia.
Fred Foldvary
On Mon, 9 Oct 2000, fabio guillermo rojas wrote:
Any guesses on the econ nobel prize this year?
-fabio
My guess is that it will be James Heckman and Daniel McFadden.
Fred
(Of course it was easy to guess after the awards were announced.)
.
Fred Foldvary
tman?
Etch
Charles Rowley and Michelle Vachris reubutted Wittman in their chapter on
"The Virginia school of political economy" in Beyond Neoclassical
Economics, ed. Fred Foldvary (Edward Elgar Publishing, 1996).
good. Try to reduce a price of a good that is familiar and
has been selling at $49 to $48 and see if the quantity demanded declines.
People won't knowingly throw away money unless they enjoy the throwing.
Fred Foldvary
, then it is a different
product, and the demand curve, which is for just one product, does not
slope up.
What about attributes of the product? Isn't that what we really demand?
Yes. So the demand curve is for just one set of characteristics.
Fred Foldvary
, then in the short run, if refineries are running at full capacity,
it seems to me the supply of gasoline is inelastic, if not fixed.
Fred Foldvary
a table.
The free riding mostly occurs for folks getting one drink and then sitting
for a long time. But as long as tables are available, it doesn't matter.
Much of the business is to-go, anyway. Lap-top users get electricity at
no extra charge, so free-riding has several margins.
Fred Foldvary
nformation, so inertia is to be expected. Optimality is subjective rather
than being based on objective rewards. The reasons for anchoring (being
stuck on certain concepts even though not objectively true or optimal) and
information bias are the subject area of psychology rather than economics.
Fred Foldvary
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