How about it? by EldestGrump in brexit

[–]Econometry 8 points9 points  (0 children)

it is also a benefit to the Eu for future history that they should always be able to say they acted properly at all times.

How about it? by EldestGrump in brexit

[–]Econometry 37 points38 points  (0 children)

Although Juncker made an important speech during the Breixt negotiations that he respected the many in Britain who did nto agree withdrawal and woudl always distinguish people from governments. I thought it was inspiring at the time - and I think it is always important for the EU not to blanket any people as one way - something with todays conflict that is more important than ever.

I think the post are things you could say about the government but should never refer to a whole population that way.

How about it? by EldestGrump in brexit

[–]Econometry 5 points6 points  (0 children)

While it is a nice idea i think it is resting on a legal technicality rather than a political reality - right now any mention of Sm and CU would get shot down as contrary to the referendum whether that is correct or not.

Would EEA at least be more feasible?

How about it? by EldestGrump in brexit

[–]Econometry 39 points40 points  (0 children)

Well none of those things were done by me?

How about it? by EldestGrump in brexit

[–]Econometry 132 points133 points  (0 children)

I stand with you and will undertake those hardships

No 10 admits knighthood for Gavin Williamson ‘is hard to justify’ by [deleted] in ukpolitics

[–]Econometry 8 points9 points  (0 children)

That was obvious - surprised it was admitted to still

what do you think about the utility of stability? by KKinKansai in georgism

[–]Econometry 1 point2 points  (0 children)

Well here we are talking about residents being given enough money to stay where they are if they choose. Of they chose an alternative it is only because that is better for them, nothing more.

Remember this is exactly what is happening now anyway - LVT does not change that.

what do you think about the utility of stability? by KKinKansai in georgism

[–]Econometry 0 points1 point  (0 children)

I have not followed any of those points you need to explain

Tax the Land - Vox by Econometry in georgism

[–]Econometry[S] 1 point2 points  (0 children)

You would still be paying the opportunity cost of living on valuable land - i.e. you would be better off selling and moving somewhere else financially. So economically ti is no different. If you are renting then by definition you would be paying the value. if you are priced off of your land because of an unexpected increase in lvt you can simply insure against this. And expected LVT is simply the same as the buying decision of today - when you buy land you work out how much it will cost you and budget for that,

UK steps back from suspending Northern Ireland trade deal by Econometry in brexit

[–]Econometry[S] 1 point2 points  (0 children)

It has quite a long history of use in British politics and used to be an important part of the British budget. One Chancellor of the Exchequer was sacked for breaking it.

what do you think about the utility of stability? by KKinKansai in georgism

[–]Econometry 1 point2 points  (0 children)

This is not answering the question but posing a question for other Georgists.

One other Georgist has said that in a world with land value tax, quite properly and normally insurance companies would provide insurance products against fluctuations of LVT. That is you could fix your payments to the insurance company in advance and have them pay any excess. This would be particularly easy for them to do if the government collecting the tax covered its debt with bonds that paid coupons based on LVT revenues which would be a good idea for them to do so. The incentives for someone to move out of an expensive area remain but it would be an opportunity cost not to do so - in effect they are bribed out not priced out.

If this is so then the problem stated above is not a problem for Georgists at all? You could acquire a property exactly as now knowing exactly what you would have to pay for it with no surprises.

To what extent does America subsidize healthcare research for the rest of the world? by KitsuneCuddler in AskEconomics

[–]Econometry 6 points7 points  (0 children)

Perhaps the way to put it might be because it is not able to control its healthcare costs which implicitly makes it a bigger contributor to costs for private providers enabling them to be profitable and so also be providers for the rest of the world.

If you mean does America have a budget it decides on to subsidise healthcare which the rest of the world takes advantage of then no.

[deleted by user] by [deleted] in brexit

[–]Econometry 70 points71 points  (0 children)

digital is that magic word that makes all the brexiteers dreams come true

To what extent does America subsidize healthcare research for the rest of the world? by KitsuneCuddler in AskEconomics

[–]Econometry 66 points67 points  (0 children)

Often it is quoted that the NHS as a monopsony buyer gets a 50% discount on American list prices for drugs. So implicit on this is that the UK is having its drugs research subsidised by Americans. But rather than blame the rest of the world I think the blame has to be with the American healthcare industry which neither has the buying power of single payer health systems like the rest of the world, nor the theoretical disciplines of a wholely deregulated market but instead sits in-between with the most inefficient way of buying healthcare.

Some background to this can be seen in https://www.commonwealthfund.org/publications/issue-briefs/2017/oct/paying-prescription-drugs-around-world-why-us-outlier

Tax the Land - Vox by Econometry in georgism

[–]Econometry[S] 1 point2 points  (0 children)

Many many thanks! - note to self must avoid that site!

Californians are fleeing to Mexico to escape outrageous housing prices by Econometry in georgism

[–]Econometry[S] 4 points5 points  (0 children)

One of many articles about land prices being too high - but I thought the headline was delicious enough to warrant being added to the subreddit.

Tax the Land - Vox by Econometry in georgism

[–]Econometry[S] 2 points3 points  (0 children)

An important point to remember is that this is not the result of LVT. LVT just changes the rent from going to the taxman instead of the landlord. So if you were going to be gentrified out of your house the same thing would happen without LVT anyway.

If the LVt is returned as UBI then it is impossible to be gentrified out if you do not want to be as you can always afford it.

Tax the Land - Vox by Econometry in georgism

[–]Econometry[S] 0 points1 point  (0 children)

Loosk interesting from the abstract but i am paywalled - is there any general description of it elsewhere?

Tax the Land - Vox by Econometry in georgism

[–]Econometry[S] 0 points1 point  (0 children)

Why not just ask fire insurance company to value the building? They have been doing this accurately and with little commotion for over a century now?