Re: Lean and mean

1998-01-13 Thread Max B. Sawicky
From: [EMAIL PROTECTED] (Tom Walker) Max Sawicky wrote, It is one thing to say that overtime is bad for the following economic reasons and we would like to discourage it. It is another to put a social price tag on overtime. The latter would suggest the proper sort of tax.

Re: Lean and mean

1998-01-13 Thread Tom Walker
Max Sawicky wrote, It is one thing to say that overtime is bad for the following economic reasons and we would like to discourage it. It is another to put a social price tag on overtime. The latter would suggest the proper sort of tax. I still get the feeling that you are using a conventional

Re: Lean and mean

1998-01-13 Thread Max B. Sawicky
From: [EMAIL PROTECTED] (Tom Walker) Max Sawicky wrote, How do you define the social costs of overtime? Not costs to the worker and employer, mind you, but to third parties. That would inform the design of the tax. I'm not sure I follow you on this one. The social cost of

Re: Lean and mean

1998-01-13 Thread Tom Walker
Max Sawicky wrote, If you want to use a variable standard, that hardly simplifies things. You're tying Gordion knots, Max. There are indexes for all kinds of things unemployment, consumer prices etc. They're not "simple" either, nor are they uncontroversial. Just wait and see: if the BLS put

Re: Lean and mean

1998-01-13 Thread Tom Walker
Max Sawicky wrote, How do you define the social costs of overtime? Not costs to the worker and employer, mind you, but to third parties. That would inform the design of the tax. I'm not sure I follow you on this one. The social cost of overtime is unemployment (leaving aside excessive

Re: Lean and mean

1998-01-12 Thread Max B. Sawicky
From: [EMAIL PROTECTED] (Tom Walker) relevant tax here an overtime tax. Define "overtime" as weekly hours worked in excess of a standard attained by dividing total labour force hours worked by total number of labour force participants (both employed and seeking employment). This

Re: Lean and mean

1998-01-11 Thread Tom Walker
Max Sawicky wrote, immediate relevance is that business firms could be handed 'user fees' or Pigouvian taxes (e.g., taxes that 'correct' externalities, like pollution) and these would show up as costs in any accounting framework. So would general taxes on capital which financed goods whose

Re: Lean and mean

1998-01-11 Thread maxsaw
From: [EMAIL PROTECTED] (Tom Walker) From ACCOUNTANTS AND THE PRICE SYSTEM:THE PROBLEM OF SOCIAL COSTS . . . Sounds like the overhead costs of labor can be translated as public goods in the neo-classical sense of the term. Don't get me wrong. I love public goods. At the

Re: Lean and mean

1998-01-11 Thread Gar W. Lipow
Tom Walker wrote: Max Sawicky wrote, immediate relevance is that business firms could be handed 'user fees' or Pigouvian taxes (e.g., taxes that 'correct' externalities, like pollution) and these would show up as costs in any accounting framework. So would general taxes on capital

Re: Lean and mean

1998-01-11 Thread Tom Walker
Gar Lipow wrote, in response to my crude outline of an overtime tax: Presumably layoffs, work which produced more than average injury, death, mental illness, and addiction would also be taxed as well. I agree in spirit, but have reservations in the letter. Presently layoffs and injuries are