single-agent vs multi-agent decisions

2002-04-25 Thread Warnick, Walter
Awhile back, we talked about the striking parallels between the behavior of automatic control systems and the business cycle. Robin pointed out, correctly, that automatic control theory is an application of single-agent decision theory. He also pointed out that economics is basically a

Tax Leisure via Time Audits?

2002-04-25 Thread Robin Hanson
Once upon a time income taxes were difficult to collect, because income was hard to cheaply monitor. So governments used less efficient taxes, and arguably this was a reason the size of government was lower. Today it seems that we can cheaply monitor the act of paying wages, and so income taxes

Re: Tax Leisure via Time Audits?

2002-04-25 Thread Fred Foldvary
--- Robin Hanson [EMAIL PROTECTED] wrote: Once upon a time income taxes were difficult to collect, because income was hard to cheaply monitor. So governments used less efficient taxes, Not necessarily. Real-estate taxes were not that difficult to collect, and rather efficient. Land has

Re: Tax Leisure via Time Audits?

2002-04-25 Thread john hull
Howdy, Instead of surveillance schemes that sound a bit Big-Brotheresque, no offense, why not just take the forms already extant and merely switch hours worked for income earned? Question: Would such a program necessarily imply flat taxation, instead of progressive, since income will not be

Re: Tax Leisure via Time Audits?

2002-04-25 Thread Robin Hanson
Fred Foldvary wrote: Real-estate taxes were not that difficult to collect, and rather efficient. I won't argue that here, as it isn't central to this discussion. And as the technology of surveillance improves, it should get easier to monitor this. The technology would need to keep ahead

Re: Tax Leisure via Time Audits?

2002-04-25 Thread Robin Hanson
At 11:33 AM 4/25/02 -0700, john hull wrote: Instead of surveillance schemes that sound a bit Big-Brotheresque, no offense, why not just take the forms already extant and merely switch hours worked for income earned? We know how to audit returns to check on the income earned. The question is how

Re: Tax Leisure via Time Audits?

2002-04-25 Thread Gustavo Lacerda \(from work\)
Why would you want to tax leisure? Wouldn't this promote less intense (i.e. more leisurely) and thus, less productive work? Gustavo - Original Message - From: Robin Hanson [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Thursday, April 25, 2002 11:36 AM Subject: Tax Leisure via Time

Re: Tax Leisure via Time Audits?

2002-04-25 Thread Wei Dai
On Thu, Apr 25, 2002 at 11:36:31AM -0400, Robin Hanson wrote: Once upon a time income taxes were difficult to collect, because income was hard to cheaply monitor. So governments used less efficient taxes, and arguably this was a reason the size of government was lower. Today it seems that