Re: Economic Rent As Sum of Externalities

On Sat, 09 Jun 2007 01:08:53 GMT, royls@xxxxxxxxx in sci.econ
confessed to the world saying:
On Fri, 08 Jun 2007 20:24:35 GMT, jmh <jmhall@xxxxxxxxxxxxxxxx> wrote:

On Fri, 08 Jun 2007 03:26:09 GMT, royls@xxxxxxxxx in sci.econ
confessed to the world saying:
On Fri, 08 Jun 2007 02:03:37 GMT, jmh <jmhall@xxxxxxxxxxxxxxxx> wrote:

I'm not convenced that the LTV works that well for the
type of large scale production inherent in the modern
world.

?? How is public ownership of land not working for large-scale
production in China?

China is an example of LVT?

It's an example of public ownership of land. You haven't explained

And China's public ownership reflects allows the same freedom's your
suggesting exist within your LVT system?

why LVT wouldn't work for large scale production -- especially
considering the FACT that it transformed Meiji Japan from a stagnant,
feudal backwater to a modern industrial power in the span of a single
generation.

and yet not a single mention of that idea here:
<http://www.smith.edu/fcceas/curriculum/dunnagan.htm>

Technological advancement and dispursed ownership of land
should drive whatever rent the land owner gets to a minimum
within the society.

How do you prevent yourself from knowing the fact that they have done
the exact opposite, and massively?

How fo you calculate the level of rent that would be
collected as a proportion of the pie in the conuterfactual
situation where the inovation didn't occur?

<sigh> Why would it matter? We can see perfectly well the low levels
of rent in places that haven't embraced those innovations, like
sub-Saharan Africa. If we are _willing_ to see, that is...

You're still trying to compare apples to oranges.

As I predicted, you are simply refusing to know all facts that
disprove your false beliefs.

Today individuals are largely free from the bondage of
land.

??? Almost all personal debt bondage is entered into for purchases of
land. Hello?

Personal debt is not bondage.

It is when it is undertaken to buy the liberty one should have been
born with.

But we're not born with that liberty. That's simply a fantacy you
want to impose on the world.

jmh
.

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