err chaps, I had copied my list from the previous page.. Can you do them again?

Indeed, the male chauvinist pig award!!

"everything is biased; to imply he is any more biased then any other person because of his nationality is ridiculous."

Not really, an involved party always tries to defend it's own side.

"There's no war in Xizang. It's a group of Chinese minorities rioting. Although I agree, the truth is most likely distorted. I will believe what I see however, and that is Chinese Tibetans acting like mobs against other Chinese."

Abstraction, people! In a conflict, thruth is always twisted. It varies from 2 children fighting on a playground (the good old arguement "but he started") to full-scale wars...

"Dont they take the orders first, then make the vehicle ?  Arent they also limited to the number of vehicles they make a year ?? Just off the top of my head."

Then the orders don't change a lot over the years. The demand stays the same, thus they're inelastic. My point is still valid.

"Did you read the article on Luxury taxes placed on Yachts ?"

No, the link doesn't work

"Art, Home ownership.  They have no elasticity at all.  There is only one home you will live in.  There is only one piece of art.  Doesnt fall under the elasticity rule.  One buyer, one seller."

Except that they're usually auctioned Or from galleries, when it's a still a productive artist. Prices for such things don't matter to the buyers, as the status that goes with it is more important.

"On indocrtination  ??  I just think you have limited life experience.  3 years of uni vs. what I have to offer. Its really logical.  Your view of ceilings and floors and extra taxes....and rich and poor.....its noble, but not reasonable."

Not a valid arguement in this discussion

BTW: you said the USA didn't tax food. Well, in a way, that means you have scaled taxes

Trolling - closed

I didn't want to keep this from you people...

Psychology just considers the typical thought of god being male as such, that's hardly me error..

So you claim I'm indoctrinated.. Well then, there's nothing left to say.

And if you're an historian, then I'm sad that you just don't interpret the theory I explained about the Great Depression (we use a different name in my language, so it's hardly my fault I misinterpreted it). I thought the main part of our job was to interpret things, look at the sources and then reply structurally with evidence, rather then just wiping it off the table.
What I explained was an underlaying mechanism, like the kondratieff waves are, more or less.

About the elasticity or inelasticity of products: please look up the selling records of Rolls Royce
Another example, a tad more exuberant, is things like an artpiece. People (the ones who can afford it) pay for it no matter what the cost is.
Products with a real symbol of status are inelastic. No doubt about it..

you forgot the Sikh!

"Keynesian theory of Govt. spending to pull out of a deep Depression is possible.  Its also a model that has never been duplicated.  Deep depression is highly unlikely again."

It was duplicated, only not within your boundaries. All over Europe, Keynesian projects were started (funny enough Germany's industrialisation in the '30s is one of them)

"Did it save the US Economy in 29 ?

Maybe.  The Pieces for a Depression post WW1 were in place.
The irrational speculative stock buying was rampant.
The Dust bowl.
Other international factors lead to the great Depression.

The Infrastructure build up was needed, and it helped bail out the economy."

Of course, a megaproject has to have a reason. It would be rather silly to start a project without the need for it.

"But, you try to defend your position w/a line like this,
you write:

"Other products, usually basic stuff or luxury products are inelastic"
Basic necessities are inelastic.  You need milk and bread and eggs.  This is inelastic.
LUXARY Items are ELASTIC.  You dont need that Yacht if the price is to high....you pass on that Yacht or that Rolls.  You purchase a used vessel, or a Town Car instead.
So,  Basic is inelastic.  Luxury is VERY Elastic.
Look into the effects of Pres. Clintons "Luxury tax" on just such a product.  Yachts.    The effect of the tax on a VERY ELASTIC Item.  A luxury item:
http://query.nytimes.com/gst/fullpage.h

true LP!

Force of habit huh?

Oi BW, I do know quite something about economics. Not on an university level, but I had it for 4 years, and I had extensive economical history just a few months ago.

"When you support Keynesian theory as an economic savior......."

It did save the world economy after the crash og '29. That's a historical fact..

All I'm saying is that scaled taxes on products is a fine working system to keep everyone on board on the economy train. If you start losing people who actively take a part in the consumation of goods, your economy is in trouble. You can't rely on a smaller group that gets richer. That leads to overproduction and an economical fallback. This is exactly what happened in '29, those are historical facts

Now scaled taxes on the consumation of products is a system that's spread all over Europe, and does really well. Countries like Sweden to countries like Greece and Ireland have it. It proves to be an efficient system. While those countries have a complete different economical structure, it seems to benefit them all.
-Sweden has a very strong economy with strong redistribution of health. At the same time, it has one of the most extended social security networks in the world.
-Ireland has the system too, and it was the best developping country in Europe for the last twenty years. So, it doesn't really seem to stop economic growth.
-Greece is a more reliant and agricultural economy. A large part of the greeks lives of agriculture and tourism, yet a scaled taxsystem works good here too.

"You artificially inflate a price, and you decrease the demand."

You forget one thing BW, and that's a term in economy called "price elasticity". Certain goods have a demand that changes heavily when their price changes. Other products, usually basic stuff or luxuary products are inelastic, and whatever the price is for those things, the amount of buyers are the same.
Those luxuary products' demands wont lower, not even with a higher tax, so you don't decrease the demand. Leftists do understand

"How about we just enlist the Govt. to write a law, and TAKE anyone's NW above X amount."

Installing a maximum wage seems great to me I don't mind taking a few millions of people's incomes like Beyonc