Re: Return to Education and IV

2002-10-22 Thread William Dickens
because I strongly suspect that 1) people have almost no idea how much it will be worth for them to continue in school, Gee, now you're sounding Austrian! No idea? Come on. Just look at how parents groan when their kids talk about the low-earning majors like sociology, and rejoice when

Re: VA sales tax question

2002-10-22 Thread Fred Childress
[EMAIL PROTECTED] wrote: But, where will the money come from? Will people buy less each week? Will randomly select items to strike from their purchases? Or will they have difficulty at the end of the month. Not sure where the 2 billion figure comes from. It is my understanding that they are

Re: VA sales tax question

2002-10-22 Thread Arthur Woolf
I've got a non-technical paper on this issue. I looked at the Vermont/New Hampshire border. Until Vermont implemented a sales tax in 1969, per capita retail sales in the counties bordering the Connecticut River in Vermont and New Hamsphire were identical. Since then the Vermont sales tax

Will Britain succumb to Japanese disease?

2002-10-22 Thread Alypius Skinner
http://www.observer.co.uk/economy/story/0,1598,776295,00.html Will Britain succumb to Japanese disease? The spectre of deflation is haunting central bankers around the globe Faisal IslamSunday August 18, 2002The Observer In Waco, Texas, at President Bush's 'economic forum', the pom-poms

Re: Return to Education and IV

2002-10-22 Thread William Dickens
The history majors knew they'd make less with a history degree, on average, but placed a higher value on doing something they enjoyed then on having a higher income. Yes, but did they know how much of a difference it would make? I once did a survey of students in one of my undergraduate