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Yet we always find the points of contention, rather than the convergences. Tom Send a noteboard - 08/09/2010 03:31:51 PM
The Dostoevsky discussion, while it highlights my deep distrust of socialism, was also meant to convey what I felt Dostoevsky's views were, and they are certainly not identical to my own.

I do agree with you on some points of economic policy. However, I disagree with some of the key points that you make. For example, the marginal cost benefit of producing many products in China is disappearing. This is the result of improving wages in China as well as the increasing cost of shipping. If the US government can, by lowering tax rates, coax back businesses (and I firmly believe it can), then I think it makes sense because it will have a ripple effect in our entire economy. More production means more services, more prosperity and more revenue.

In essence, I still agree with the fundamental principles expressed by the Laffer curve, even though I do not think that the proper place to apply it is in personal income tax rates.

Political correctness is the pettiest form of casuistry.

ἡ δὲ κἀκ τριῶν τρυπημάτων ἐργαζομένη ἐνεκάλει τῇ φύσει, δυσφορουμένη, ὅτι δὴ μὴ καὶ τοὺς τιτθοὺς αὐτῇ εὐρύτερον ἢ νῦν εἰσι τρυπώη, ὅπως καὶ ἄλλην ἐνταῦθα μίξιν ἐπιτεχνᾶσθαι δυνατὴ εἴη. – Procopius

Ummaka qinnassa nīk!

*MySmiley*
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Red Plenty by Francis Spufford. - 07/09/2010 09:15:16 PM 4465 Views
Hm. Looks really interesting. - 08/09/2010 01:17:04 PM 1104 Views
Absolutely fine for complete novices. - 08/09/2010 02:15:07 PM 1103 Views
I find it kind of amusing... - 08/09/2010 01:39:56 PM 1147 Views
The probability approaches 1 that we agree on non-economic topics and disagree on economic topics. - 08/09/2010 02:14:32 PM 1117 Views
Actually, I don't think we're that far apart on economics. - 08/09/2010 02:33:00 PM 1238 Views
Yet we always find the points of contention, rather than the convergences. - 08/09/2010 03:31:51 PM 1187 Views
You should write them. - 08/09/2010 10:28:03 PM 1152 Views
I would expect you to understand it without any serious problems. - 08/09/2010 10:36:38 PM 1121 Views
Excellent. *NM* - 08/09/2010 10:49:02 PM 613 Views
It's a book I plan on getting in the near future - 09/09/2010 02:31:03 AM 1303 Views
I could only order it from Amazon in the UK for some reason - 09/09/2010 05:18:28 AM 1136 Views
Sure - 09/09/2010 05:43:03 AM 1143 Views

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