View Single Post
Old 04-17-2012, 09:18 AM   #13
bQXHsKzS

Join Date
Oct 2005
Posts
494
Senior Member
Default
Without commenting on the argument itself, I have to say (as an economic illiterate and liberal arts weenie) that looking at that mass of variables hurt my eyes. Al's concrete-example way of expressing it, assuming you're talking about the same thing, was better. No offense intended.
His post is a lot cleaner and straight-forward. Algebra is a lot more concise than words. I also like his preference for taxes restraining consumption better than my use of ordinary and capital gains income.

In general, I have criticized KH and Kuci for assuming the education of their audience, but Jaguar is always pretty good at explaining things. The way he kept indicating which portions were wage income and which were capital gains would be helpful to a student.
bQXHsKzS is offline


 

All times are GMT +1. The time now is 12:23 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity