Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yes, tax rent i.e. things that are more expensive just because they are physically rarer (and the demand for which will not be less because of the tax). Stirling Newberry has written some interesting diaries about this.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sat Dec 24th, 2005 at 03:51:54 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series