Re: more anti-Georgist commentary

On Fri, 11 May 2007 01:28:35 GMT, royls@xxxxxxxxx in sci.econ
confessed to the world saying:
On 10 May 2007 16:48:26 -0700, w_b_ryan@xxxxxxxxx wrote:

On May 10, 5:39 pm, r...@xxxxxxxxx wrote:

The rent
return to land being *competing* with the return to
other factors of production.

Flat wrong. The problem with this "reasoning" is
that the supply of land is fixed. The only way to
even out the returns to land and capital is by bidding
up the price of land. But the more landowners are
paid for their land, the higher the return they make
by owning land!
-------------------------------
--------------------------------

But the supply of land is definitely not fixed, as you
have been informed "thousands" of times.

No, the supply of land in the economic sense (natural resources) is
definitely and indisputably fixed, as I have informed _you_ many times
before, and as all economically literate people know.

This
premise to the Georgist argument is false, rendering
everything else in Georgism to be false.

It is indisputably true, by definition, which is one reason the whole
argument is unassailable.

Unassailable if one wished to accept tautological argument.

A numbr of us here don't accept your definition of fixed
and you've already conceeded that technological change can,
does and has, increased the availability of land for new
uses. That is the marginal quantities increase; an economic
increase in the supply.

jmh
.

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    (sci.econ)