Re: von Mises Institute on Henry George

From: The Trucker (mikcob_at_verizon.net)
Date: 09/01/04 

Date: Tue, 31 Aug 2004 18:30:50 -0700

Mark Monson wrote:

>
> "The Trucker" <mikcob@verizon.net> wrote in message
> news:cgvtr70d06@news3.newsguy.com...
>> royls@telus.net wrote:
>
>>
>> >>I think y'all Georgists are simply saying
>> >>that this rent isn't really production.
>> >
>> > It is production only in the sense that the difference between two
>> > possible amounts of production is also an amount of production.
>> >
>>
>> Rubbish! It is not production in any sense.
>
> ??? If not production, what do you call the bales of cotton the
> sharecropper pays to his landlord?

Rent:) What else? 

-- 
"I know no safe depository of the ultimate powers of society but
the people themselves; and if we think them not enlightened enough
to exercise their control with a wholesome discretion, the remedy
is not to take it from them, but to inform their discretion by
education." - Thomas Jefferson.  http://GreaterVoice.org

Relevant Pages

  • Re: Balance of payments...
    ... "Because the subsidies eliminate risk and reward production, they also create a glut on world markets. ... Growers borrow from the government at 52 cents per pound of cotton and pay back their loans at the lower world price. ... As production increases, prices are further depressed, but no sweat for the grower. ...
    (soc.retirement)
  • Re: Balance of payments...
    ... As production increases, prices are further ... to 80% of the cotton it grows, and world prices always run well below the ... their production at prices that depress the world market. ... farmers collect no subsidies at all. ...
    (soc.retirement)
  • Re: Balance of payments...
    ... Let's take cotton, for example. ... "Because the subsidies eliminate risk and reward production, ... As production increases, prices are further ...
    (soc.retirement)
  • Re: Balance of payments...
    ... Let's take cotton, for example. ... "Because the subsidies eliminate risk and reward production, ... As production increases, prices are further ...
    (soc.retirement)
  • Re: Balance of payments...
    ... Let's take cotton, for example. ... "In 2005 cotton subsidies totaled $3.3 billion, up from $30 million in 1995, according to the Environmental Working Group, which tracks U.S. subsidies. ... "Because the subsidies eliminate risk and reward production, they also create a glut on world markets. ... As production increases, prices are further depressed, but no sweat for the grower. ...
    (soc.retirement)