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Comments on: Against the Paradox of toil http://www.tvhe.co.nz/2009/12/16/against-the-paradox-of-toil/ The Visible Hand in Economics Fri, 01 Jan 2010 11:57:23 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Free browsing blog http://www.tvhe.co.nz/2009/12/16/against-the-paradox-of-toil/#comment-22467 Fri, 01 Jan 2010 11:57:23 +0000 http://www.tvhe.co.nz/?p=4565#comment-22467 Thanks for helping me gain a little increase in knowledge, I really love this blog.

]]> By: internet mainonta http://www.tvhe.co.nz/2009/12/16/against-the-paradox-of-toil/#comment-22457 Wed, 30 Dec 2009 23:03:05 +0000 http://www.tvhe.co.nz/?p=4565#comment-22457 When there is a recession the prices are low so covernment should make all the possibly spendings. This increaces jobs and saves money. Cutting taxes does only so little compared to cutting small business taxes and goverment taxes for larger companies… so they wouldn´t have to outsource their workforce.

]]> By: body building supplement http://www.tvhe.co.nz/2009/12/16/against-the-paradox-of-toil/#comment-22419 Sun, 27 Dec 2009 10:17:03 +0000 http://www.tvhe.co.nz/?p=4565#comment-22419 When the price of the products increases then supply of that decreases.This is what we studied on our school level under the law of supply.I agree with you “If you cut taxes on labor income, this expands labor supply — which puts downward pressure on wages and leads to expectations of deflation”.This one so useful and knowledgeable post.Thanks for increasing our IQ.

]]> By: Nick Rowe http://www.tvhe.co.nz/2009/12/16/against-the-paradox-of-toil/#comment-22325 Fri, 18 Dec 2009 11:50:55 +0000 http://www.tvhe.co.nz/?p=4565#comment-22325 Matt: like me, your preference is to model a tax as a wedge between supply and demand curves. But there are two other ways of doing it: put the net of tax wage on the axis, and shift the demand curve; put the gross of tax wage on the axis, and shift the supply curve. All 3 methods are equivalent. PK was (presumably) thinking in terms of the 3rd method.

Nice clean analysis though.

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