Precious Metals Forum

Go Back   Precious Metals Forum > Bunker Talk > STS

Like Tree3Likes
  • 2 Post By ancona
  • 1 Post By rblong2us

LinkBack Thread Tools
Old 09-12-2012, 12:55 PM   #1
Super Moderator
benjamen's Avatar
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
Taxing "Darwinian" Consumption

Top professor at Cornell, weekly contributor to the New York Times, it was interesting to see what was in this guys book...

"A worker might well accept a riskier job at a higher wage because doing so would cover the monthly payments on a house in a better school district. But the same observation applies to other workers. And because school quality is an inherently relative concept, when others also trade safety for higher wages, no one will move forward in relative terms. They'll succeed only in bidding up the prices of houses in better school districts."

"Unfortunately, the nasty libertarians bar the path. They profess the astonishing idea that people have the right to spend their money as they wish and that the government has no right to take it from them without their consent. Do they not see that they stand in the way of efficiency? Out with them!"

Let me see, the supposed learned men we should all listen to tells us that hard work and competition are bad, leave society less well off, and should be taxed out of existance.
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules
benjamen is offline   Reply With Quote
Old 09-12-2012, 01:11 PM   #2
Predaceous stink bug
ADK's Avatar
Join Date: Apr 2012
Location: Backwoods of NY
Posts: 223
Liked: 123 times
Sounds pretty standard for most of the folks I know in academia.


I like the idea of trading silver with the gentlemen while keeping gold like a king and always appearing as a peasant...
ADK is offline   Reply With Quote
Old 09-12-2012, 01:31 PM   #3
Yellow Jacket
ancona's Avatar
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
That is simply retarded. His statement is ridiculous. These "academics" often speak in circles, using circular logic. The market is pretty good at finding the right price for something all by itself and without interference by .Gov or unions. As far as I can see, the Davis Bacon Wage Rate Act and unions themselves have only sderved to make doing things significantly and artificially more expensive. When I do work at NASA I am subject to the DBWRA, which means some unspectacular broom pusher gets paid 22.97 an hour, but if a similar project is contracted by a private enterprise [like Space-X] I pay the average wage of 15 dollars an hour to the same guy at the same location. It is all completely absurd.
rblong2us and benjamen like this.
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 09-12-2012, 07:46 PM   #4
Yellow Jacket
rblong2us's Avatar
Join Date: Nov 2011
Location: off world
Posts: 2,019
Liked: 888 times
mmmm bacon wage rate ............

when can i start ?
ancona likes this.
if it cant be done with a digger .... it cant be done
rblong2us is offline   Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mining DOCUMENTARY series: "Gold Rush Alaska" on Discovery Channel swissaustrian Mining 17 01-24-2013 02:36 PM
The Math Behind Italy's 28,000 "Cash For Gold" Outlets Jay Gold Bug 2 08-30-2012 11:21 AM
Materion discontinuing 10 oz "stacker" bars branded by Scottsdale, Academy, et. al. PMBug Silver Bug 3 08-28-2012 12:59 PM
[VIDEO] David Morgan presentation "Myths and Misinformation in the Silver Market" swissaustrian Silver Bug 0 02-16-2012 09:19 AM
SIAP: "Money in politics is the root of all political evil" vox STS 1 12-12-2011 08:13 AM

All times are GMT -5. The time now is 05:30 AM.

Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of copyright © 2011 - 2020 Measuring Up. All Rights Reserved.