Comments on: one seed at a time http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/ breathless punditry and one-breath poetry with David Giacalone Thu, 08 Jan 2009 05:27:45 +0000 http://wordpress.org/?v=2.5.1 By: mishel http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-4336 mishel Thu, 25 Aug 2005 16:18:53 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-4336 <a></a> Your blog is realy very interesting. http://www.g888.com

Your blog is realy very interesting. http://www.g888.com

]]> By: mishel http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-6256 mishel Thu, 25 Aug 2005 16:18:53 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-6256 <a></a> Your blog is realy very interesting. http://www.g888.com

Your blog is realy very interesting. http://www.g888.com

]]> By: Martin http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-3842 Martin Tue, 01 Feb 2005 01:40:15 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-3842 <a></a> Your rule is the correct one --which is what I was trying to say when the evil typo knocked me dead.

Your rule is the correct one –which is what I was trying to say when the evil typo knocked me dead.

]]> By: Martin http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-5762 Martin Tue, 01 Feb 2005 01:40:15 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-5762 <a></a> Your rule is the correct one --which is what I was trying to say when the evil typo knocked me dead.

Your rule is the correct one –which is what I was trying to say when the evil typo knocked me dead.

]]> By: David Giacalone http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-3841 David Giacalone Mon, 31 Jan 2005 22:30:29 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-3841 <a></a> No fair taking this Optimal Taxin' Maxim seriously, Martin.  I hate to show my economic ignorance, but I would have guessed that the optimal tax is placed on things with the highest <EM>in</EM>elasticity of demand -- where the extra cost of the tax does not deter people from engaging in the taxed activity or acquiring the taxed item.  (Doesn't high elasticity mean that the demand for an item greatly decreases relative to an increase in price?)  What am I missing, Professor? 

No fair taking this Optimal Taxin’ Maxim seriously, Martin.  I hate to show my economic ignorance, but I would have guessed that the optimal tax is placed on things with the highest inelasticity of demand — where the extra cost of the tax does not deter people from engaging in the taxed activity or acquiring the taxed item.  (Doesn’t high elasticity mean that the demand for an item greatly decreases relative to an increase in price?)  What am I missing, Professor? 

]]> By: David Giacalone http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-5761 David Giacalone Mon, 31 Jan 2005 22:30:29 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-5761 <a></a> No fair taking this Optimal Taxin' Maxim seriously, Martin.  I hate to show my economic ignorance, but I would have guessed that the optimal tax is placed on things with the highest <EM>in</EM>elasticity of demand -- where the extra cost of the tax does not deter people from engaging in the taxed activity or acquiring the taxed item.  (Doesn't high elasticity mean that the demand for an item greatly decreases relative to an increase in price?)  What am I missing, Professor? 

No fair taking this Optimal Taxin’ Maxim seriously, Martin.  I hate to show my economic ignorance, but I would have guessed that the optimal tax is placed on things with the highest inelasticity of demand — where the extra cost of the tax does not deter people from engaging in the taxed activity or acquiring the taxed item.  (Doesn’t high elasticity mean that the demand for an item greatly decreases relative to an increase in price?)  What am I missing, Professor? 

]]> By: Martin http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-3840 Martin Mon, 31 Jan 2005 21:59:33 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-3840 <a></a> Really, your rule is the _correct_ one. I was just joshin'. Optimal taxation is based upon the notion of taxing those items with the highest elasticity of demand. Since land can not be moved and people develop strong preferences for where they live, property taxes have long been though to be the "best" tax since they induce the least amount of inefficiencies.

Really, your rule is the _correct_ one. I was just joshin’. Optimal taxation is based upon the notion of taxing those items with the highest elasticity of demand. Since land can not be moved and people develop strong preferences for where they live, property taxes have long been though to be the “best” tax since they induce the least amount of inefficiencies.

]]> By: Martin http://blogs.law.harvard.edu/ethicalesq/2005/01/31/one-seed-at-a-time/#comment-5760 Martin Mon, 31 Jan 2005 21:59:33 +0000 http://blogs.law.harvard.edu/formerlyknownas/2005/01/31/one-seed-at-a-time/#comment-5760 <a></a> Really, your rule is the _correct_ one. I was just joshin'. Optimal taxation is based upon the notion of taxing those items with the highest elasticity of demand. Since land can not be moved and people develop strong preferences for where they live, property taxes have long been though to be the "best" tax since they induce the least amount of inefficiencies.

Really, your rule is the _correct_ one. I was just joshin’. Optimal taxation is based upon the notion of taxing those items with the highest elasticity of demand. Since land can not be moved and people develop strong preferences for where they live, property taxes have long been though to be the “best” tax since they induce the least amount of inefficiencies.

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