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So what about the other references? Conceding with out agreeing to what you suggest above, I wonder, nonetheless, if the public schools are shouldering more than the cost of focused general education, as you say, if they are deflected in many directions, and the private schools are simply...

I appreciate your comment and thoughtfulness but I don't want to argue and explore basic propositions that are well established; I certainly don't want to participate in de novo thought experiments when the issues have extensive research already. The research on these issues are well presented...

I appreciate your detailed comment but I think you deflect from some key simple realities. First, is the fact that inner-city schools are generally well funded by any measure. Inner-City Schools spend more per student than state average spending and generally more than the top performing...

You already have two generations of collateral damage in the inner city; if you don't act immediately you will lose another. Choice, vouchers and charter schools is an attempt to save as many inner city kids as possible, and you are worried about a mulligan! A mulligan is a do over, these kids...

I never wrote that a strong dollar would boost U.S. equity prices; I am sorry if thought I implied that, I did not mean to. I think the strong dollar will have a negative impact on U.S. equity prices. Gold and Oil are fungible commodities and reflect price changes immediately, both have...

Per student spending on inner city pubic schools is already at the level of private schools, much higher than religious private schools, higher than average non city schools. School populations are a declining demographic in most places, inner city population is driven by immigration, most...

I noticed that the price of the dollar has been going up since the election, likely anticipating Fed interest rate policy against EU and Asian policy in the short term, the Fed confirmed expectations already in the market with its hike and surprised the market in projecting three hikes in 2017...

You don't have it exactly right; it is natural for capital to flow to where its application yields the greatest after tax profit. Labor is only one factor of production; at the risk of tautology, I must point out that it would move to cheap labor where labor is cost is the most important factor...

I thought the context of discussion before your comment was about U.S. domestic tax policy; if you wanted to talk about U.K. policy then maybe a new thread. The principles don't change in either national case; I gave you the combined Fed and State numbers if you want to look that way. Medical...

In my above comment, I model Fed tax for $80,000 earning couple with child at $3,908 (4.9% average tax rate; 15% marginal rate; combined Fed and State tax rate of 8.6%), and $150,000 earning couple with child at $10,768 (7.2% average rate; 25% marginal rate; combined Fed and State tax rate of...

The Federal income tax, that we are talking about here, is not as big a deal for people who you say are middle class, earning between $80,000 and $150,000. A married couple earning $80,000 will likely pay a Federal income tax of $3,908 (assuming 1 child ($1,000 tax credit), 2 personal...

Demand does not the only, or even the most important driver of production and growth. Consumer demand is now satisfied by Chinese production. If you give people money to stimulate demand, you are more likely to benefit Chinese production than U.S. production as you will tax U.S. production to...

Yes, it is Gary Taubes, sorry, I mangled his name. On circulation, you have your cart before the horse; deal with growth and circulation will take care of itself. Circulation (Velocity) is simply the increase in total debt in the aggregate banking system which is caused by more debt formation...

You lose money on your over production and you might need to lay off some labor to reduce expense. There is no contract that guarantees you will make money and there is no labor contract you can perform for very long if you don't.

I have not changed my view; maybe I am getting better at articulating it, and I see it more philosophically now with out losing sight of discrete human experience. Of course production and consumption are proximate and related processes. On an atomistic level, production creates the...

You have good questions; let me try to deal with them each in a basic way, you can ask more questions for nuance if you want. 1. "Is [money circulation] immaterial to the health of an economy?" The issue is whether it is a driver of economic growth. Let me answer this way: Are people fat...

You replied to my comment but it does not appear that you understood any of it. The circulation of money does not create wealth, it does not increase wages, it is not a good measure of the health of an economy. I know you have been taught this and that it has become a prism through which you...

I guess a piece of pie is better than none at all. I want you to understand that my focus on production should not be deflected by calling it 'supply side' in a pejorative way. The term was politicized long ago by those who were involved in policy but had little understanding of the...

You got a link to this documentary, some reference; story sounds like romanticized BS.