Earlier quoted context omitted.
There is no optimal form of taxation, only trade-offs. There is shifting burdens from good to good or person to person. I find it no surprise that so many of the loudest proponents for georgism are highly compensated tech workers with low physical consumption - exactly the demographic that would be favored most under that system.
We tend to own property in places where land is expensive, we'd be paying hefty taxes in a Georgist system.
Working on Economics with Fable 5
51–60 of 94 posts
Re: Working on Economics with Fable 5
#52Earlier quoted context omitted.
Yes, quite a bit actually. It's directly analogous to e.g. "Red sky at night, sailors' delight", i.e. a pseudo-scientific approach that probably has a better-than-random success rate.
So it’s a heuristic. Lots of very valuable heuristics exist.
Re: Working on Economics with Fable 5
#53Earlier quoted context omitted.
Boy I sure love my ditch digging job for the government! My friend also loves his ditch filling job too!
You say this, but if the US actually expanded nationwide fiber like we were supposed to there would have been a whole lot of ditches to dig up and refill. Public works projects don’t have to be wasteful.
Re: Working on Economics with Fable 5
#54Re: Working on Economics with Fable 5
#55Earlier quoted context omitted.
Thank you for being able to point out and articulate these issues. LLMs have a habit of laundering pre-existing concepts per the interests (or input) of any given user.
To be fair, human scientists also frequently launder small modifications to pre-existing work as if it's completely novel.
Re: Working on Economics with Fable 5
#56Earlier quoted context omitted.
What were the text, your prompt, and model?
It was actual work output I generated a few weeks back with Sonnet 5. Not posting here for obvious reasons, but it was nothing special or engineered for Pangram deception.
Re: Working on Economics with Fable 5
#57Earlier quoted context omitted.
There is no optimal form of taxation, only trade-offs. There is shifting burdens from good to good or person to person. I find it no surprise that so many of the loudest proponents for georgism are highly compensated tech workers with low physical consumption - exactly the demographic that would be favored most under that system.
We tend to own property in places where land is expensive, we'd be paying hefty taxes in a Georgist system.
Georgism does a excellent job of incentivising better land use, but is trivial to shelter income from.
A teacher renting a run down aprtment might have a similar land tax footprint to a tech ceo in a taller building, or maybe the ceo just teleworks from home in Wyoming.
xAI or whomever puts their next Mega server farm on undesirable land, and then operates basically tax-free.
The end of day problem with the Georgist theory is that we now live in a knowledge and information economy, not an industrial one governed by material inputs. Changing a 1 to a 0 on a string of bits might yeild a billion dollar profit, but requires no material overhead.
Re: Working on Economics with Fable 5
#58Re: Working on Economics with Fable 5
#59Re: Working on Economics with Fable 5
#60the paper abstract is generated by ai: https://www.pangram.com/history/c480c94f-2d19-4cc3-95e0-c4fa...
It may well be, but also Pangram is ridiculously transparent pseudoscience. Let's not play pretend that it's authoritative, please. Edit: Just for fun I just defeated it with AI-generated text that it reported as 100% human-written. Great stuff. Truly genius scam.