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

2002-08-26 Thread Fred Foldvary
--- john hull [EMAIL PROTECTED] wrote: ... you seem to be suggesting that policy makers are benefiting the present at the expense of the future, yet couldn't one could accuse you of wanting to benefit the future at the expense of the present? One could accuse me thusly, but the accusation

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

2002-08-26 Thread Jacob W Braestrup
Two points 1: It is my belief that in a free market for river management (no government meddling) common law practises would evolve, stipulating how to resolve cases where activities upstream causes havoc downstream (whether this take the form of pollution, flooding or whatever) 2: I seem to

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Bryan Caplan
fabio guillermo rojas wrote: screwed-up institution. The outcome of democracy depends on the overall rationality of public opinion, but whatever outcome you get can be equally enjoyed by the rational and irrational alike. My question isn't about the quality of policy, but the

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Bryan Caplan
Fred Foldvary wrote: --- Bryan D Caplan [EMAIL PROTECTED] wrote: The outcome of democracy depends on the overall rationality of public opinion, but whatever outcome you get can be equally enjoyed by the rational and irrational alike. Does this not depend on the structure and method of

RE: how to eliminate unemployement

2002-08-26 Thread Kevin Carson
From: Fred Foldvary [EMAIL PROTECTED] In which case you yourself are 80% Georgist, because if taxes there be not, then landowners will bear the major cost of infrastructure now paid for by the taxation of labor and capital. That will deflate their land value, now puffed up by the capitalization

Interesting Survey

2002-08-26 Thread Bryan Caplan
Another fascinating study from the Kaiser Family Foundation: http://www.kff.org/content/archive/1383/gender.pdf I especially like the contrast between answers to question 3 and 4. Most people think changing gender roles are worse for most people, but most people think these changes have

RE: how to eliminate unemployement; land tax user-fees

2002-08-26 Thread Kevin Carson
From: Grey Thomas [EMAIL PROTECTED] User-fees are an excellent idea, but I don't think incompatible with a Lib-Georgist land value tax: Who supports the judiciary? Who supports the Dept. of War? er, Defense? -- property owners, who need/use local police and international police, as well as

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: Celeb Pay-or-Homer's Insight

2002-08-26 Thread Dan Lewis
At dinner last night, I posed a similar to question to a few of my friends. I noted that MTV once held a contest to be the next MTV veejay, and that the winner got his (or her?) requisite however-long stint -- but the runner up actually got a full-time veejay job out of the deal. Would

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

Inter-racial Adoption

2002-08-26 Thread Bryan Caplan
In a post a while back, I maintained that restrictions on inter-racial adoption seemed like a pretty clear violation of the Median Voter theorem. I found some data at: http://www.kff.org/content/2001/3143/RacialBiracialToplines.pdf Question 36 reveals that 79%+ respondents of ALL races say

Re: how to eliminate unemployement

2002-08-26 Thread Bryan Caplan
Kevin Carson wrote: I think the absentee ownership of land seriously exacerbates economic rent in urban areas. If the tenants (not only apartment dwellers, but small business people) of slumlords, real estate speculators, etc., ceased to pay rent, and if vacant lots could be homesteaded by

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Fred Foldvary
Thus, suppose I get a $10 direct expressive benefit from voting for tons of useless health care spending, and the probability of decisiveness is 1-in-a-million. I don't see how any demand revelation mechanism is going to help. Prof. Bryan Caplan If

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Eric Crampton
Actually, I'm in the process of writing up a short article for Public Choice on this topic (as Bryan may recall). If expressive voting theory holds, and if expressive benefits are increasing in the amount of money voted under the Tideman-Tullock procedure, then the demand revelation process

RE: how to eliminate unemployement; land tax user-fees

2002-08-26 Thread Fred Foldvary
--- Kevin Carson [EMAIL PROTECTED] wrote: As for defense, a decentralized, stateless society would present few concentrated targets of value to foreign predators; it would have no central government to surrender; Tell that to the American Indians. and local citizens' militias, federated as

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Bryan Caplan
Fred Foldvary wrote: Thus, suppose I get a $10 direct expressive benefit from voting for tons of useless health care spending, and the probability of decisiveness is 1-in-a-million. I don't see how any demand revelation mechanism is going to help. Prof. Bryan

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Eric Crampton
On Mon, 26 Aug 2002, Fred Foldvary wrote: If the average cost, say for mosquito abatement, would be $5, and that person states he would pay up to $10 for it, then he is knowingly contributing to the total stated value, and if the total value exceeds the cost, is willing to pay the $10,

Re: Median Voter and Sampling

2002-08-26 Thread Bryan Caplan
fabio guillermo rojas wrote: Any decent treatment of the MV states that it is the median *actual* voter who matters, not the median *potential* voter. It's the Median VOTER theorem, not the Median CITIZEN theorem, or the Median SENTIENT BEING theorem. I still think this is true but

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Fred Foldvary
--- Eric Crampton [EMAIL PROTECTED] wrote: If expressive voting theory holds, and if expressive benefits are increasing in the amount of money voted under the Tideman-Tullock procedure, then the demand revelation process should induce worse outcomes than the current system. Specifically,

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Fred Foldvary
--- Eric Crampton [EMAIL PROTECTED] wrote: The important point is that there's a disjoint between the willingness to pay and the actual payment: Since the relevant comparitive system is majority voting, there is a disjoint in yes-no voting as well. The disjoint is even greater, since with

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Fred Foldvary
No, the point is that might *really* get a $10 benefit from SAYING you get a $1 M benefit. If your probability of decisiveness is under 1-in-100,000, it would pay to do so. But the social cost of this behavior could drastically exceed the private benefit. Prof.

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Eric Crampton
On Mon, 26 Aug 2002, Fred Foldvary wrote: First of all, the demand-revealing method does not require that the identities of the persons stating a value be public. Each voter can be given a password, and he enters a stated value on a web site. The administrator of the system knows his

Re: Median Voter vs. The Sub-optimal Equilibria

2002-08-26 Thread Eric Crampton
On Mon, 26 Aug 2002, Fred Foldvary wrote: Since the relevant comparitive system is majority voting, there is a disjoint in yes-no voting as well. Agree with you so far The disjoint is even greater, since with demand revelation, each person pays the average cost, whereas with voting, the

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

2002-08-26 Thread john hull
Good points. Thanks. -jsh --- Fred Foldvary [EMAIL PROTECTED] wrote: --- john hull [EMAIL PROTECTED] wrote: ... you seem to be suggesting that policy makers are benefiting the present at the expense of the future, yet couldn't one could accuse you of wanting to benefit the future at

Re: Celeb Pay-or-Homer's Insight

2002-08-26 Thread john hull
--- Dan Lewis [EMAIL PROTECTED] wrote: At dinner last night [T]hey get contracts commensurate to this level. I agree with you almost entirely. While a guaranteed record contract for the winning 'Idol' surely has some value, for example, it's probably not as much of a boost as getting to

RE: how to eliminate unemployement; land tax user-fees

2002-08-26 Thread Kevin Carson
From: Fred Foldvary [EMAIL PROTECTED] As for defense, a decentralized, stateless society would present few concentrated targets of value to foreign predators; it would have no central government to surrender; Tell that to the American Indians. OK, adding the proviso that the defenders