Comments: jk Changes his mind

Glad to hear it. I gave a fair look too and concluded the perverse incentive was just too strong.

Instead of "mincome" how about we discuss "maxtax?"

Posted by johngalt at April 13, 2017 10:31 PM

JK, can you unzip this statement for me? I can't tell if this is a positive thing or not, and I'm curious about FB....

Facebook is Pareto-positive

Posted by nanobrewer at April 14, 2017 8:29 AM

@jg -- ilikeit. @nb -- As always, be cautious about using my terminology on the final exam. I'm saying that it adds more value in total than it subtracts. (Like I blather on about foreign trade; it makes "us all" wealthier, but if Uncle Grievous loses his jib at the Carrier plant...)

In another "Conversations with Tyler (Rabbi Wolpe perhaps? That is an awesome one.) the question comes up "If you had a time machine, would you take antidepressants to Vincent Van Gogh?"

Cowen admits there is some chance that would have extended his life and we'd have a dozen more masterpieces. But I think we all feel, down deep, that he'd get a job at the Post Office, live a long and happy life -- and we'd have zero Van Gogh masterpieces. I have fought this with Clapton's "Layla" and Coleridge's "Kubla Khan."

Giving the weird kids who would start and support "the next Led Zeppelin" the social outlets of Facebook concerns Cowen. (Cowen is a Twitter Guy, he studies Facebook as an outsider.)

There -- did I make it worse enough for ya?

Posted by jk at April 14, 2017 10:23 AM

Think about it: Why does government tax individuals without limit? Why is there a "minimum alternative tax" but no "maximum you've-done-enough-for-your-country tax?" The relationship between the current income tax system and "from each according to his ability" is too cozy for a country as great as the USA.

Posted by johngalt at April 14, 2017 11:16 AM
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