Georgist Conference in Orlando, Part Nine
Apr. 15th, 2017 02:12 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ndrosenTo continue with the discussion on "International Trade and the Georgist Movement," Dr. Fred Foldvary asked, Why learn economics? His answer was, to understand the reality behind superficial appearances.
Trade is mutually beneficial because of comparative advantage. Anti-trade politicians are either exploiting public ignorance or ignorant themselves.
VAT is refunded on exports, while income tax isn't, which leads some people to favor value added tax. Henry George called the sales tax a domestic tariff. So abolish sales tax and VAT! Forward true free trade.
There was then a Q&A session, so watch this space.
Trade is mutually beneficial because of comparative advantage. Anti-trade politicians are either exploiting public ignorance or ignorant themselves.
VAT is refunded on exports, while income tax isn't, which leads some people to favor value added tax. Henry George called the sales tax a domestic tariff. So abolish sales tax and VAT! Forward true free trade.
There was then a Q&A session, so watch this space.
