Re: Basic Income and Taxation

["William B.Ryan" <william_b_ryan@xxxxxxx>]

Edward Flaherty writes
http://www.geocities.com/w_b_ryan/flaherty-3-24-00.txt

"This is the Debt Virus fallacy..."
------------

In its tautological form
http://www.geocities.com/CapitolHill/Senate/7018/tautology.html the
theorem is a reductio ad absurdum that excludes the effects of
interest, profits and savings from its analysis.  It therefore does
not depend on a hypothesis that interest "is the root of all evil."
Nor does it blame the world's problems on capitalist "exploitation" or
consumer "underconsumption."  It is a dynamic model or tool (in
contrast to the model of circular flow) that allows the analysis
parametric shift.

See [3] at
http://www.geocities.com/CapitolHill/Senate/7018/a-plus-b-theorem.html

and http://csf.colorado.edu/forums/debt/1999/msg00124.html

Bill Ryan william_b_ryan@xxxxxxx
Internet: http://www.geocities.com/w_b_ryan



____________________________________________________________________
Get free email and a permanent address at http://www.netaddress.com/?N=1