I agree, but you are talking about is price of land, not its value; taht is
market price!!!The difference makes the difference.
Alexander Guerrero
- Original Message -
From: "Fred Foldvary" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, November 02, 2001 2:20 AM
Subject: RE: Ta
South Africa is a typical small open Economy.
Its currency the Rand stands at R8.54 to the dollar at present. It
fell from R0.96 in 1979 to its present value.
Mainstream economists all argue that its good since exports are
stimulated (price thus elastic) and imports discouraged (also price
ela
Dear Tom,
Roger Garrison has made a very good cause for the Austrian
school to remain a separate school. He classifies schools as being
labour-based (Keynesian), money-based (Monetarists) and capital-
based (Austrian).
I have since then adopted this approach.
Have a look at his web-site : http:/
--- Alexander Guerrero <[EMAIL PROTECTED]> wrote:
> How do you estimante market value?
With respect to land value, besides monitoring sales and rentals of
undeveloped land or sites such as parking lots, one estimates the
cost of replacing the building, subtracts depreciation, and that
amount is s
We've had some excellent responses to the question of how one should go about
choosing a grad school at which to study economics. Does the same advice
apply to selecting a college? Can anyone give me any "inside information" on
Chicago or Harvard that I might not be aware of, or recommend a s
All I am saying is that it is possible, *in principle*, for the effect of
the increased tourist consumption to overcome the costs imposed by this tax.
The point is that everybody benefits from the advertising investment, and if
this investment was voluntary (i.e. not a tax), it could happen that
Something is not clear jet to me in your post. How do you estimante market value?
and what kind of land you are talking about, the one that is urban or the one
that potentially for agricultural reasons.
Alexander Guerrero
>Just taxing idle land isn't the Georgist tax as
Just taxing idle land isn't the Georgist tax as I know it. In Australia it
is used by most local councils as a primary source of revenue. The point is
to tax all land based on market value. Thus idle land becomes expensive to
keep. Very expensive in the Georgist model as this is the sole source of
This statemente is not true, investment decision are no taken for government
advertisement campaigns. Investors ask for, first of all, the rule of law to
be accomplished, clear rules of the game, low taxes, they know hau to
calculate the return of their investment. On the other hand, taxes collect
I do not agree, since it is not consumption tax, accordingly with the
definition. Whta you are proposing is a kind of capital tax. I do not have
anithing against to, but your face the economic consecuences of taxing
"capital".
Alexander Guerrero
- Original Message -
From: "Fred Foldvary" <
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