Subject:
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Re: A hypothetical economics question...
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Tue, 5 Mar 2002 15:08:17 GMT
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Viewed:
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317 times
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In lugnet.off-topic.debate, Christopher L. Weeks writes:
> In lugnet.off-topic.debate, Maggie Cambron writes:
>
> > Again it would be patently unfair to change the rules.
>
> If the rules are currently patently unfair, is it not patently unfair to leave
> them as is?
If they are, then yes, but if the losing side suddenly decides it doesn't like
the rules and wants to change in mid-game, you can bet it won't sit well with
the side that's ahead. And no one will take the new rules seriously if they
are subject to change with no warning.
> > Moreover, there would be no economic incentive to build new housing
> > units, so there will be no housing for growing populations.
>
> That's silly. People will do whatever kind of work is needed as determined by
> the market. If housing is needed the market will provide it.
That's right, by gradually moving back to the system currently in place!
> I would reword your statement as: "There would be no opportunity to gather
> wealth in wild disproportion to the work performed through investment in real
> estate." And frankly, I don't see the down side.
Actually I'd say, "There would be no opportunity to make the money you've
worked hard to accumulate do some work for you." A disincentive for savings
and investment, which we all know is necessary to keep the capitalist economy
going!
Maggie
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Message has 1 Reply:
 | | Re: A hypothetical economics question...
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| (...) leave (...) That's true to some extent. But isn't it changing the rules mid-game every time new laws are passed? Obviously we're discussing a much larger change than just adjusting our property tax rate up .25% to pay for school renovation or (...) (22 years ago, 5-Mar-02, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: A hypothetical economics question...
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| (...) If the rules are currently patently unfair, is it not patently unfair to leave them as is? (...) That's silly. People will do whatever kind of work is needed as determined by the market. If housing is needed the market will provide it. I would (...) (22 years ago, 5-Mar-02, to lugnet.off-topic.debate)
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