So the basic argument i’m hearing a lot recently is that it is emprically proven that when the top marginal income tax rate is higher the economy grows faster. They cite articles like this: http://www.presimetrics.com/blog/?p=301 I was wondering if the argument has a name? I have tried googling it …

My interpretation of the data follows. Keep in mind I was arguing on Facebook so I apologize for poor grammar, sentence structure, etc. "You should know that measuring a single tax rate change versus the entire GDP of an economy leaves about a million variables in the cabinet. In the 1970’s we saw …

Correlation does not equal causation. Ask them to prove their assertions using economic theory, and watch them flounder.

You can’t empirically measure an economy. [Welfare Economics (by Jörg Guido Hülsmann) - Introduction to Austrian Economics, 10of11]

I did that. Here is his response because it’s worth a giggle. If he wrote his statistical findings on a piece of toilet paper would that make them any less valid? It’s funny that a kid with a bachelors in Poli Sci from Colorado State University thinks he knows more about economics and tax policy t…

Here is another gem he just asked me. "Answer me one question. How is it in any way logical or based on objective reality to oppose, simply on impulse and ideology, ANY form of taxation? To me that is the epitome of irrational and illogical. I can understand discussions about appropriate levels of …

Having a degree on a subject does not mean anything, it simply results in a logical fallacy, on his part. Keynes did not have an economics degree, yet he is responsible for the mainstream economic theory that countries use. Henry Hazlitt did not have a degree at all, yet, he killed people in debat…

This is one of my favorites. Unequivocally opposing theft as a matter of principle is a completely ludacris notion. Apparently.

I wish there was an easy way to identify it as well, but I’ve never seen any sort of name. It’s sounds very similar to this idea that tax cuts caused the Great Depression. That’s one I’ve heard, well, basically nowhere except for that guy from the Young Turks who basically has every feature necessar…

post hoc ergo propter hoc is the name (correlation does not imply causation, as mentioned above)

Can you all help me identify this argument?

Economics Economics Questions

justinx0r May 16, 2011, 11:44pm 9

Read this thread.

https://forum.freecapitalists.org/t/my-econometric-model-devils-advocates-wanted/16581

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Can you all help me identify this argument?

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