Robin, are you familiar with NH's "in current use" tax scheme, for undeveloped land? It's really only 2% of the way to Harberger taxes, but it's interesting. I can send info if you have any interest
3/ Hanson says "only if the payment is EXACTLY $10, otherwise the situation is EVEN WORSE than with no payment". I am criticizing the word EXACTLY. Do you agree with me that a $9 or an $11 payment does increase net utility ? If so, you are already on board w me disagreeing w
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4/ Hanson. So now we need to scope it. Why is $11 pretty close? What's terrible? If the original sin was a $10 externality (so a cost to an innocent party of $10), then we know that a proposed solution is only worse than the initial case if the mispricing is > $10 off
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5/ a $11 payment is sub optimal, but the mispricing is only $1 - far better than the uncompensated negative externality. a $12 payment is sub optimal, but the misprising is only $2 - still better than a $10 uncompensated negative externality. a $19.99 payment >>>
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