Home > Regular Features > Weekend reflections

Weekend reflections

September 5th, 2010

It’s time again for weekend reflections, which makes space for longer than usual comments on any topic. As always, civilised discussion and no coarse language please.

Categories: Regular Features Tags:
  1. Chris Warren
    September 9th, 2010 at 13:18 | #1

    Anyone can profit from their own labour, but not by exploiting other people (or nations). There are also windfall profits.

    So if per capita GDP growth is x%, this is a reasonable level of profits.

    Windfall profits are not available in the long-run.

    Any long-run profits over x% are super profits.

  2. TerjeP
    September 9th, 2010 at 13:21 | #2

    So which is it:-

    x = 0
    x = 5
    x = 32.7

  3. TerjeP
    September 9th, 2010 at 13:26 | #3

    Say the economy is growing at 6%. You define super profits as anything over 6% and slap a tax on it. As a consequence growth slips to 3% so you tax profits harder. Soon growth is at 0% and all profit is a crime. Way to go socialist.

  4. Chris Warren
    September 9th, 2010 at 14:33 | #4

    TerjeP :
    So which is it:-
    x = 0
    x = 5
    x = 32.7

    Gee-sus! don’t be a slow learner.

    If I say:

    “if per capita GDP growth is x%”

    then, obviously;

    x = (per capita growth).

    All this 0; 5, 32.7 is nonsense.

  5. TerjeP
    September 9th, 2010 at 20:30 | #5

    Chris – yes I failed to comprehend what you were saying at first. Now I’ve comprehended it I think it is crazy, as per my comment after the one you quoted.

Comment pages
1 2 3 8769
Comments are closed.