Timothy B. Lee

15 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ The reason people construct systematic indexes like the CPI is to avoid biases due to only focusing on certain things.

15 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ On the other hand, computers are an order of magnitude cheaper than they were 20 years ago.

17 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ That just happens to be the best short summary I've found. It cites lots of independent research by non-govt econmists.

28 منٹ Timothy B. Lee ‏@binarybits

@NickRSearcy Yeah, I can't even figure out what he was trying to say.

35 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ The CPI is not perfect but criticisms of it are often overstated. http://www.bls.gov/opub/mlr/2008/08/art1full.pdf …

36 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ OK, but why should gold be exempt but not silver or platinum? This isn't a problem specific to gold.

55 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ I would support indexing the capital gains tax to inflation.

58 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ That seems like an argument against the capital gains tax rather than an argument in favor of a gold standard.

60 منٹ Timothy B. Lee ‏@binarybits

@Jackson_Strong_ Who's stopping people from using a gold-backed currency?

1 گھنٹہ Timothy B. Lee ‏@binarybits

@rmogull @ErrataRob Someone should write a song called "Ten Little Endians."

1 گھنٹہ Timothy B. Lee ‏@binarybits

@ObsoleteDogma No, FDR is Eve, Keynes was the serpent.

1 گھنٹہ Timothy B. Lee ‏@binarybits

@ObsoleteDogma Wait, the Garden of Eden was on the gold standard?

3 گھنٹے Timothy B. Lee ‏@binarybits

@michaelbd Got it.

4 گھنٹے Timothy B. Lee ‏@binarybits

@michaelbd I don't follow.

5 گھنٹے Timothy B. Lee ‏@binarybits

@jim_harper Prenda lawyer Brett Gibbs is a UC Hastings Law grad. You must be very proud.