forestjar fables

[forestjar fables @forestjarfables]

@EHPlimsoll1 Yes, I think there is a point to be made about US's relatively high healthcare costs but after looking more closely, the chart in question fails to make it, sorry.

[forestjar fables @forestjarfables]

@EHPlimsoll1 I can't actually find them giving a source so I'm struggling to dig further, but the numbers look similar to the OECDs as seen here.

[forestjar fables @forestjarfables]

@EHPlimsoll1 He is using OECD stats, are you you suggesting that the OECD goofed and forgot that disposable income is an after tax figure?

[forestjar fables @forestjarfables]

@EHPlimsoll1 Disposable income is after tax, that is the definition of disposable income. The red bit is how much of that disposable income goes on out of pocket health and education.

[forestjar fables @forestjarfables]

@EHPlimsoll1 No, he's comparing disposable incomes. If you have to pay for healthcare out of your disposable income, but I've already paid for it in my taxes, the fact that your disposable income is "cost of healthcare" higher than mine doesn't make you "cost of healthcare" better off.

[forestjar fables @forestjarfables]

@Aves_Clovis @steve_hanke Sure, but you see how the poverty rate is lower after taxes and transfers. That's because those government transfers made a bunch of the poorest people in those countries richer. Which the quote incorrectly said wasn't possible.

[forestjar fables @forestjarfables]

@ajwillshire @DougGarnett @stuartshakesby @ZackPolanski Sure, human responses place a limit on the kinds of rulesets that will produce positive outcomes and we can debate whether his preferred ruleset would work or not. We wouldn't bother with that debate if we thought rulesets were natural and unchangeable.

[forestjar fables @forestjarfables]

@CptAncapistan I can imagine an economy that came a out as a result of spontaneous order. That's not the economy we actually live in though, that's governed by a whole bunch of laws and regulations designed by humans.

[forestjar fables @forestjarfables]

@DougGarnett @ajwillshire @stuartshakesby @ZackPolanski I think you can quibble with the word design, but we should read people charitably, and he's obviously referring to the that the rules governing the economy are man made and can be changed.

[forestjar fables @forestjarfables]

@ajwillshire @stuartshakesby @ZackPolanski You're saying the range of effective designs is constrained by the need to incentivize productive activity, which is true. That's not the same at all as saying the economy isn't designed, which is false.

[forestjar fables @forestjarfables]

@Federicobatteli @agraybee Yes because then the profits are enjoyed collectively instead of privately.

[forestjar fables @forestjarfables]

@AusThinkingGirl @barua_ashish Going from the current society that is run by people who claim they can organize society to whatever kind of society he wants would be reorganizing society.

[forestjar fables @forestjarfables]

@paul_d_stevens In terms of taxes effect on an individual's disposable income there's no difference between "taxes are used to fund welfare spending" and "taxes are used to prevent the inflation that would otherwise be caused by the government creating money to fund welfare spending".

[forestjar fables @forestjarfables]

@AusThinkingGirl @barua_ashish If he doesn't want to reorganize it why is he always complaining about how it's currently organized.

[forestjar fables @forestjarfables]

@ThompsoncreekW @GeorgeSelgin Socialism is the collective ownership of the means of production. The Nordic countries own significantly more of the means of production collectively than the United States. You have a very strange idea of socialism.

[forestjar fables @forestjarfables]

@ThompsoncreekW @GeorgeSelgin I'm not claiming they don't have s market, that's got nothing to do with whether the means of production are collectively or privately owned.

[forestjar fables @forestjarfables]

@GeorgeSelgin @ThompsoncreekW Yes they are shareholders, they don't necessarily always exercise their control, but they have the same ability to do so as any other shareholder should they so choose. You don't have to call them socialist, but they are more socialist than most other developed economies.