Re: Sweden

["John O'Donnell" <jackodonnell@xxxxxxxx>]

Sven R Larson wrote:
>
> I get the feeling that there might be more interest in Sweden following
> the postings about the EU demonstrations, and since the mere topic
> "Sweden" makes my stomach turn upside down I'll make one and only one
> contribution. After this one I don't want to have anything to do with
> that topic anymore. So please excuse me for writing a long one here.

Why is it that economists insist there are only two sides to
economics? Give a little thought to a third way.

First, monetary policy can and should be used solely to
maintain the value of the currency. The fable that it can
"prime the pump" or any other such nonsense purporting to
overcome the tautological certainty that printing money only
rearranges the chairs; it doesn't and can't actually cause
economic production. For a fuller explanation of this
tautological certainty see _Supply and demand, Again_ at:
http://www.geocities.com/jackodonnell.geo/chap13r3.html

Second, the FORM of taxes is as important or more so than
the amount of taxes. Taxes that resolve to "variable costs
of production" ALL create a wedge between buyer and seller
that reduces the point of maximum profit for producers while
taxes that resolve to "fixed costs of production" do not.
For a further explanation of this truth see _Taxing
Monopoly_ at:
http://www.geocities.com/jackodonnell.geo/c03r5a.html with
further explanation in _Sharing Nature_ at:
http://www.geocities.com/jackodonnell.geo/c04r4a.html

Thirdly, recognize that the burden placed on welfare
recipients trying to enter the workforce is typically
greater than that placed on any other members of society.
However, a grant to ALL citizens without any conditions of
income will tend to reduce the wage level that increases
variable costs of production while it concurrently increases
the standard of living. The tale continues in part 2 of
_Sharing Nature_ at:
http://www.geocities.com/jackodonnell.geo/c04r4p2a.html

<SNIP>>
--
			-- jbod

		Tax Privilege, Not People
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