tag:blogger.com,1999:blog-22031270.post1614963558010185081..comments2023-11-03T19:05:08.512+11:00Comments on Harry Clarke: Melbourne's Pravda runs free ads for protectionismUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-22031270.post-57460635458742449182008-09-10T22:57:00.000+10:002008-09-10T22:57:00.000+10:00I am glad someone around here can spell.I am glad someone around here can spell.hchttps://www.blogger.com/profile/13799594181016858701noreply@blogger.comtag:blogger.com,1999:blog-22031270.post-63557321667717365052008-09-10T19:00:00.000+10:002008-09-10T19:00:00.000+10:00Don't you mean free "ads"?Don't you mean free "ads"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22031270.post-29220634479354485822008-09-10T09:56:00.000+10:002008-09-10T09:56:00.000+10:00Thanks for the response, Harry.STTThanks for the response, Harry.<BR/><BR/>STTAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-22031270.post-5506961446845449612008-09-09T16:02:00.000+10:002008-09-09T16:02:00.000+10:00Your point is right. In fact where we do exert mo...Your point is right. In fact where we do exert monopoly power in coal and iron ore markets local monopolies are already extracting the rents so man optimal tariff is redundant. <BR/><BR/>These pointsd are well-known and should not be raised as a serious basis for restricting trade.hchttps://www.blogger.com/profile/13799594181016858701noreply@blogger.comtag:blogger.com,1999:blog-22031270.post-62823488311072862052008-09-09T15:25:00.000+10:002008-09-09T15:25:00.000+10:00Harry,Is there any theoretical difference between ...Harry,<BR/><BR/>Is there any theoretical difference between an 'optimal tariff levied on exports' and the royalties that mining companies pay already (aside from the fact that the royalty rate may not be optimal).<BR/><BR/>It seems to me that if we do have market power in a few goods (i.e. some metals), we already levy taxes on them. Based on the Lerner condition that you referred to, would this further weaken the (already intelectually bankrupt) claims for a 'scientific tariff' on imported cars (and any other imports)?<BR/><BR/>Regards,<BR/><BR/>STT (sorry to use anonymous, I'm too busy to set up an account)Anonymousnoreply@blogger.com