Here's my 26-slide crash course in everything you need to know. Cross posted at Nourishing Obscurity.:
Simplifying the tax system
View more presentations from MarkWadsworth.
It Makes No Difference
1 hour ago
Sunday, 24 October 2010
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11 comments:
It's visible and is food for thought after dinner.
JH, ta, I have replied by email.
I see it's manual here too although at Slideshare, it's auto.
JH, I prefer 'manual' as some slides are simple and some complicated.
"The entire financial crisis tha started in 2007-08 was based on the notion that people could become richer by buying up these streams of privately collected taxes (i.e. land raents) for ever higher prices.
Best sentence I've read in ages! Ace presentation too! I'm going to get a slideshare page!
SL, thanks. BTW, this whole SlideShare thing was indirectly your idea, so thanks for that. It makes a change from writing incredibly long blog posts.
I had a problem MW, needed to post pictures and charts etc on a forum where you couldn't do it.
You found it though! Best I could find was a freebie trial on Adobe.
I was thinking about asking you to do this, but you beat me to it.
I have downloaded a caopy and with your permission I will use it in my work - suitably credited of course. Lola
SL, let's agree that the Adobe freebies are shit :-)
L, feel free to use, polish, adapt, anything you like. Credits welcome but entirely unnecessary (there is no copyright in ideas).
The entire financial crisis started when the regulator decided that more credit = better.
They regulated into existence more credit.
This pushed down the yield on lending.
This fell below the risk of lending, in-fact the risk rose as more and more marginal sources had to be found.
Once Yield was below Risk collapse was inevitable.
And it was all done thanks to the regulator.
As for comments on the content, obviously, it will take a little study first.
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