On Mon, 2014-02-24 at 17:38 +0100, Matěj Cepl wrote: > removed (I am going to resend here the message I sent to David couple of > weeks ago for which I have never received a reply). I would like to
Actually, it has been sent here as well … http://article.gmane.org/gmane.comp.literature.sword.devel/25972 Matěj -- http://www.ceplovi.cz/matej/, Jabber: mc...@ceplovi.cz GPG Finger: 89EF 4BC6 288A BF43 1BAB 25C3 E09F EF25 D964 84AC My point was simply that such tax proposals [for Pigovian taxes compensating for the transaction costs] are the stuff that dreams are made of. In my youth it was said, that what was too silly to be said may be sung. In modern economics it may be put into mathematics. -- Ronald Coase Notes on the Problem of Social Cost
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