another georgist fabrication

"Orwell described the redefinition of rent to mean
anything but the payment for use of natural
resources quite accurately. The goal is to ensure
that no one is able to think that anyone is being paid
for idly owning what nature provided, because there
is no word to describe such payments. For the same
reason, income is now always referred to as what
people and companies "earn," no matter how it is
obtained. Like the concept of rent as a payment for
use of natural resources, the concept of unearned
income is being relentlessly excised from all
thought processes."
-------------------------

lol

Well done ;-)

jmh
----------------------------------------
-----------------------------------------

Yes, indeed, well done. If the criterion is how
much you can concoct and fabricate, by putting
words in a famous person's mouth, then, indeed
well done. But the fact is that Orwell never said
any such thing about the Georgist theory of rent.
He was too smart for that.

The increment gained from association and in
cultural heritage from our ancestors is unearned by
each of us individually.

It's what we want more of. Increasing income to
each of us that is unearned.



On Jan 25, 9:59 pm, jmh <jmh...@xxxxxxxxxxxxxxxx> wrote:
On Thu, 25 Jan 2007 06:54:27 GMT, r...@xxxxxxxxx in sci.econ
confessed to the world saying:



On Wed, 24 Jan 2007 23:50:01 GMT, jmh <jmh...@xxxxxxxxxxxxxxxx> wrote:

On 24 Jan 2007 07:57:12 -0800, w_b_r...@xxxxxxxxx in sci.econ
confessed to the world saying:
On Jan 23, 10:05 am, w_b_r...@xxxxxxxxx wrote:
"In modern neoclassical economics, rent is
something paid to a FACTOR (e.g., land, labor,
capital) in excess of its next best use. Profit is a

Just out of curiostiy, when the the "cannot be
competed away" aspect or Rent get dropped?

Have you forgotten, Citizen? It was never an aspect of rent. You can
ask anyone at the Ministry of Truth...

Orwell described the redefinition of rent to mean anything but the
payment for use of natural resources quite accurately. The goal is to
ensure that no one is able to think that anyone is being paid for idly
owning what nature provided, because there is no word to describe such
payments. For the same reason, income is now always referred to as
what people and companies "earn," no matter how it is obtained. Like
the concept of rent as a payment for use of natural resources, the
concept of unearned income is being relentlessly excised from all
thought processes.lol

Well done ;-)

jmh

.

Relevant Pages

  • Re: another georgist fabrication
    ... anything but the payment for use of natural ... resources quite accurately. ... effect of deceitful redefinition -- of which the redefinition of ... "rent" is just one example ...
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  • Re: another georgist fabrication
    ... anything but the payment for use of natural ... resources quite accurately. ... effect of deceitful redefinition -- of which the redefinition of ... "rent" is just one example ...
    (sci.econ)
  • Re: another georgist fabrication
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    (sci.econ)
  • Re: another georgist fabrication
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    (sci.econ)
  • Re: more on the georgist claptrap
    ... "In modern neoclassical economics, rent is ... payment for use of natural resources quite accurately. ... ensure that no one is able to think that anyone is being paid for idly ... income is now always referred to as ...
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