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Investments > Investing Science > Re: Friedman's ...
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Re: Friedman's Folly

by "sinister" <sinister@[EMAIL PROTECTED] > May 16, 2008 at 07:12 PM

<Video61@[EMAIL PROTECTED]
> wrote in message 
news:81d31276-b0d6-41ce-9298-7a8229cf8b19@[EMAIL PROTECTED]
> On May 15, 7:54 pm, "sinister" <sinis...@[EMAIL PROTECTED]
> wrote:
>> "Bret Cahill" <BretCah...@[EMAIL PROTECTED]
> wrote in message
>>
>>
news:88ec7336-1eba-4980-9600-28c2a4d6e62c@[EMAIL PROTECTED]
>>
>> > Friedman was an issue dodger just like all the remaining ****lls at
GOP
>> > "thank" tanks like Hoover, Heritage, Am. Enterprise, the Chicago
>> > School, etc.
>>
>> > Friedman would never address the land issues raised by the Georgists
>> > and he'ld never touch the "free markets w/o free speech" issue
either.
>>
>> Actually, that's not _quite_ true.
>>
>> Friedman (I'm assuming you're referring to Milton) said that the best
tax
>> was the tax proposed by Henry George.
>>
>> I have the impression that he wasn't as sympathetic to the Georgist 
>> program
>> as the quote attributed to him would indicate---he specifically called 
>> land
>> value taxation "the least bad tax"---but he at least understand and 
>> partly
>> approved of the program.
>>
>>
>>
>> > When you dodge issues that are fundamental to your field you are a
>> > fraud.
>>
>> > Bret Cahill
>
> but, there is that insinuation that all taxes on unproductive wealth
> is bad. which is one of the basis of neo-liberalsim.

Correct.  That's why I wrote "wasn't as sympathetic as..."

To me the phrase "least bad" is like "lesser evil," when in fact land
value 
taxation is just (in the sense of a remedy, with the absence of the remedy

being unjust) because the landowner otherwise reaps the income of land by 
denying others access to that which nature or society (but not the 
landowner) provided.
 




 2 Posts in Topic:
Re: Friedman's Folly
Video61@[EMAIL PROTECTED]  2008-05-15 19:45:39 
Re: Friedman's Folly
"sinister" <  2008-05-16 19:12:28 

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tan12V112 Sun Jul 6 17:44:58 CDT 2008.