Re: novel argument against taxing rents

On Fri, 07 Apr 2006 02:16:09 GMT, Les Cargill <lNOcargill@xxxxxxxxxxx>
wrote:

royls@xxxxxxxxx wrote:

On Fri, 31 Mar 2006 04:49:02 GMT, Les Cargill <lNOcargill@xxxxxxxxxxx>
wrote:
<snip>
See above. I don't know what you are talking about, and I suspect
others reading this are in the same situation.

In the history of, say England, the trend as been to go from more
or less independent freeholders to a highly structured society.

It looks to me like one measure of this relative order is the
level of rent. Makes sense; if there's economic order, there'd
be more production, thus more vig.

If this rent is a measure of how close the society is to collapse,
then there's an interesting tradeoff. Yes?

I see no reason to think the level of rent is an indicator of
closeness to collapse. The ratio of private to public collection of
rent is more significant.

There is no return to the rent-free state. Even the most violent and
destructive revolutions, invasions and collapses have not eliminated
resource rents entirely, except locally where they have entirely
depopulated a whole region. As a general rule, the greater the
resource rents, the more prosperous the society, and vice versa. The
problem is not resource rents. The problem is who gets them.

No, the problems are establishing a functional/correct
means of *deciding* who gets them , and being capable
of applying it.

No, that's the solution, not the problem.

But that goes back to the old question - what is earned
and what is unearned? That question seems resistant to
objectification.

Nope. What is earned is a benefit commensurate with contribution.
What is unearned is a benefit exceeding contribution.

Ultimately, isn't *everything* then a public good?

No.

-- Roy L
.

Relevant Pages

  • Re: novel argument against taxing rents
    ... If this rent is a measure of how close the society is to collapse, ... resource rents, the more prosperous the society, and vice versa. ...
    (sci.econ)
  • Re: novel argument against taxing rents
    ... If this rent is a measure of how close the society is to collapse, ... It is the privatization that makes it ... resource rents, the more prosperous the society, and vice versa. ...
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  • Re: Lucas: Shame on the redistributionists
    ... >>worth skimming a little wealth off across the top of the whole society so ... definition of evil -- it's merely an argumentative trap. ... They were denied their rights, ... though it *is* sufficient to sustain rent. ...
    (sci.econ)
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