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Overcoming Bias Commenter's avatar

The reason it's sloppy work is because it has a pretty faulty syllogism...

A justification for redistributive taxation must be desirable as a principle and not just in the particular;

This is one justification, which is consistent with the principle, is undesirable;

Therefore, this justification of redistributive taxation is not desirable as a principle.

It misses a lot of steps in a real argument questioning the principles behind redistributive taxation. Like, for example: In an ideal world, a height on taxation may be desirable as a utilitarian act, but it is undesirable for political reasons in the real world.

This seems plausible -- the reason height is chosen in the Mankiw paper is because income as a "tag" doesn't measure effort, but height (because it is strongly correlated with good outcomes) presumably is. A utilitarian may merely reject the height tax for other reasons: for example, a height tax would be seem arbitrary, and a tax seen to be imposed arbitrarily would create resentment that could threaten the institution of redistribution as a whole. Even if a utilitarian rejects a height tax, a utilitarian would probably endorse a tax that purely equalized marginal utility using all information and factors that lead into productivity.

Utilitarianism calls for us to think marginally; economists do this well. But people don't think marginally. They ask, if we're taxing height, why aren't we taxing all inherent features that lead to productivity? Maybe we should, but unless we can do all of them, a height tax seems implausible and impractical. That doesn't lead to the conclusion we ought to question utilitarianism.

Believing in a principle as philosophy does not lead to the consequence that every policy consistent with the principle ought to be advocated for at every moment. This is what gets Yglesias angry, I think. There are some libertarian things our society could do that run deeply against our moral intuitions. That doesn't necessarily refute libertarianism...

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Overcoming Bias Commenter's avatar

I'm surprised nobody has mentioned the obvious way to resolve this dispute:

1) Mankiw (who has a Ph.D. in Economics) will no longer write about philosophy, and

2) Yglesias (who has a B.A. in Philosophy) will no longer write about economics.

That would certainly make me happy. I'd be even happier if:

3) Everybody with just a degree in Journalism will no longer write about anything but journalism.

The improvement in public discourse would be immense.

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