tag:blogger.com,1999:blog-1213331072378388884.post4749398162400627841..comments2024-03-19T08:45:10.745-05:00Comments on Hayward "Blah, Blah, Blah" Blog---Just a (Retired now) High School Economics Teacher. That's all...: A new research paper on the "Amazon.com Tax". LOTS of lessons for Microeconomics!GeneHaywardhttp://www.blogger.com/profile/08848814178464097668noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1213331072378388884.post-29932616972158232732014-04-24T09:50:54.528-05:002014-04-24T09:50:54.528-05:00Thanks for the comment and giving me fodder for a ...Thanks for the comment and giving me fodder for a revision with a different take.<br /><br />This analysis assumes "Flexible Prices" up or down even in the short run. Reality is, in the Keynesian mode, prices are "sticky" in the short run. Not sure I necessarily want to put the "Macro" Keynes into a "Micro" box like that but it is the best analogy I have.<GeneHaywardhttps://www.blogger.com/profile/08848814178464097668noreply@blogger.comtag:blogger.com,1999:blog-1213331072378388884.post-10475591576189369342014-04-24T09:50:33.722-05:002014-04-24T09:50:33.722-05:00This comment has been removed by the author.GeneHaywardhttps://www.blogger.com/profile/08848814178464097668noreply@blogger.comtag:blogger.com,1999:blog-1213331072378388884.post-86176514563890015842014-04-23T04:19:18.174-05:002014-04-23T04:19:18.174-05:00"This means that Amazon will bear a larger po..."This means that Amazon will bear a larger portion of the tax and will not be able to fully pass it on to the consumer."<br /><br />That's interesting. Milton Friedman had me convinced that businesses can't pay taxes because they always pass the cost on to the consumer. It didn't seem right, but I didn't know why.<br />The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.com