| Disputed term/author/ism | Author |
Entry |
Reference |
|---|---|---|---|
| Income Tax | Economic Theories | Rothbard III 916 Income tax/Economic theories/Rothbard: (…) an income tax will shift the social proportion toward more consumption and less saving and investment. >Income tax/Rothbard, >Time preference/Rothbard. VsTime preference: It might be objected that the time-preference reason is invalid, since the government offcials and the people they subsidize will receive the tax revenues and find that their money stock has increased just as that of the taxpayers has declined. Saving/Investments/RothbardVsVs: (…) no truly productive savings and investments can be made by government, its employees, or the recipients of its subsidies. Saving/Investments/economic theories/VsIncome tax: Some economists maintain that income taxation reduces savings and investment in society in yet a third way. They assert that income taxation, by its very nature, imposes a "double" tax on savings-investment as against consumption.(1) The reasoning runs as follows: Saving and consumption are really not symmetrical. Saving: All saving is directed toward enjoying more consumption in the future; otherwise, there would be no point at all to saving. Saving is abstaining from possible present consumption in return for the expectation of increased consumption at some time in the future. No one wants capital goods for their own sake. They are only the embodiment of increased consumption in the future. (2) Rothbard: This line of reasoning correctly explains the investment-consumption process. RothbardVsFisher, Irving: [Fisher’s theory] suffers, however, from a grave defect: it is irrelevant to problems of taxation. It is true that saving is a fructifying agent. But the point is that everyone knows this; that is precisely why people save. Rothbard III 917 Time preference/saving/Rothbard: Yet, even though they know that saving is a fructifying agent, they do not save all their income. Why? Because of their time preferences for present consumption. >Time preference/Rothbard. Every individual, given his current income and value scales, allocates that income in the most desirable proportions between consumption, investment, and additions to his cash balance. >Cash balance/Rothbard. Any other allocation would satisfy his desires less well and Iower his position on his value scale. The fructifying power of saving is already taken into account when he makes his allocation. Double penalizing: There is therefore no reason to say that an income tax doubly penalizes saving-investment; it penalizes the individual's entire standard of living, encompassing present consumption, future consumption, and his cash balance. It does not per se penalize saving any more than the other avenues of income allocation. >Neutral taxation/Rothbard, >Neutral taxation/Economic theories, >Cost principle/Rothbard, >Benefit principle/Rothbard. 1. Thus, cf. Irving and Herbert W. Fisher, Constructive Income Taxation (New York: Harper & Bros., 1942). "Double" is used in the sense of two instances, not arithmetically twice. 2. These economists generally conclude that not income, but only consumption, should be taxed as the only "real" income. |
Rothbard II Murray N. Rothbard Classical Economics. An Austrian Perspective on the History of Economic Thought. Cheltenham, UK: Edward Elgar Publishing. Cheltenham 1995 Rothbard III Murray N. Rothbard Man, Economy and State with Power and Market. Study Edition Auburn, Alabama 1962, 1970, 2009 Rothbard IV Murray N. Rothbard The Essential von Mises Auburn, Alabama 1988 Rothbard V Murray N. Rothbard Power and Market: Government and the Economy Kansas City 1977 |
| Disputed term/author/ism | Author Vs Author |
Entry |
Reference |
|---|---|---|---|
| Various Authors | Kanitscheider Vs Various Authors | Kanitscheider I 433 Infinity/Material Existence/Physics: some models require physical infinity: the hyperbolic world of general relativity theory (AR), the steady astate theory (SST). Infinity/Mathematics/Physics: Gauss: is skeptical about actual infinite quantities. LucretiusVsArchimedes: is infinity mere possibility of an object to traverse new space-time points? (remains a discussion until today). Bolzano: the objective existence of infinite sets cannot fail due to the impossibility of imagining every single object. I 434 NewtonVsDescartes: not "indefinite" but actual infinite space! KantVsNewton: the infinite is unimaginable! NewtonVsKant: not imaginable, but conceptually comprehensible! Riemann: Differentiation infinite/unlimited (new!). Solution for the problem of the "beyond space". Three-ball (S³) conceptually analytically easy to handle. I 435 Sets/infinity: here the sentence: "The whole is larger than the parts" is no longer applicable. (But extensional determination is also not necessary, intensional is enough). Space: Question: Can an open infinite space contain more than Aleph 0 objects of finite size? Solution: "densest packing" of spatially convex cells: this set cannot be larger than countable. Thus no a priori obstacle that the number of galaxies in an unlimited Riemann space of non-ending volume is the smallest transfinite cardinal number. II 102 Measurement/Consciousness/Observer/Quantum Mechanics/QM: Psychological Interpretation: Fritz London and Edmund Bauer, 1939 >New Age Movement. II 103 Thesis: the observer constitutes the new physical objectivity through his consciousness, namely the rotation of the vector in the Hilbert space. 1. KanitscheiderVsBauer: Problem: then there is no definite single state of matter without the intervention of a psyche. 2. KanitscheiderVsBauer: on the one hand consciousness is included in the quantum-mechanical laws, on the other hand it should possess special properties within the observer, namely those which transfer the combined system of object, apparatus and observer without external impulse from the hybrid superposition state into the single state in which the partial elements are decoupled. 3. KanitscheiderVsBauer: strange that the Schrödinger equation, the most fundamental law of quantum mechanics, should not be applicable to consciousness. 4. KanitscheiderVsBauer: also doubt whether the consciousness can really be in the superposition of different completely equal soul states. (Bauer had adopted his thesis from Erich Becher's interactionalistic body soul dualism II 104). I 423 Space Curvature/Empirical Measurement/Schwarzschild/Kanitscheider: Schwarzschild: Distortion of the triangle formed by the Earth's orbit parallax. Although the curvature factors are not known, one can conclude that if the space is hyperbolic (K < 0), the parallax of very distant stars must be positive. I 424 If you now observe stars with a vanishing parallax, the measurement accuracy provides an upper limit for the value of negative curvature. If the space is spherical - the parallax must be negative. Schwarzschild: in the hyperbolic case, the radius of curvature should be at least 64 light years, in the elliptical at least 1600 light-years. KanitscheiderVsSchwarzschild: such theory-independent experiments are today rightly regarded as hopeless. I 296 Time Travels/Kanitscheider: VsTime Machine/VsWells: H.G. Wells makes the mistake that he lets the traveler ascend and descend the world line of the earth on the same earthly space point. Exactly this leads to the conceptual impossibility of forward and backward movement in time. Time Travel/General Relativity Theory/Kanitscheider: this changes when matter comes into play. |
Kanitsch I B. Kanitscheider Kosmologie Stuttgart 1991 Kanitsch II B. Kanitscheider Im Innern der Natur Darmstadt 1996 |