<div dir="ltr">It is a reasonable objection on its merits, since I assume the reason Dr. Lieberman had trouble recalling the term is its irrelevance to Austrian work, and expressions relying on mathematical models and not derivable a priori should probably be banned.<div>
<br></div><div>However, I raise a point of order regarding timeliness. An hour passed between the incident in question and Dr. Lieberman's response. The hour of silence should count as acceptance.</div><div class="gmail_extra">
<br clear="all"><div><div dir="ltr">Joshua A. Katz<div><br></div><div>Region 8 (Region of Badassdom) Alternate</div><div>Libertarian National Committee</div><div><br>Chair, Libertarian Party of Connecticut</div></div></div>
<br><br><div class="gmail_quote">On Fri, Aug 1, 2014 at 5:00 PM, Scott L. <span dir="ltr"><<a href="mailto:scott73@earthlink.net" target="_blank">scott73@earthlink.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<u></u>
<u></u>
<u></u>
<div lang="EN-US" link="blue" vlink="blue">
<div>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black">Madame Secretary:<u></u><u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black"><u></u> <u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black">I request that you
deduct two points from Mr. Katz’s point total because he used the phrase “point
of unitary elasticity” <u></u><u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black">in an e-mail to this
list.<u></u><u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black"><u></u> <u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black">I have a minor in
economics, and I still had to look that phrase up on the Internet to refresh my
memory as to what it meant.<u></u><u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black"><br>
Scott Lieberman<u></u><u></u></span></font></p>
<p class="MsoNormal"><font color="black" face="Verdana"><span style="font-size:10.0pt;font-family:Verdana;color:black"><u></u> <u></u></span></font></p>
<div>
<div class="MsoNormal" align="center" style="text-align:center"><font size="3" face="Times New Roman"><span style="font-size:12.0pt">
<hr size="2" width="100%" align="center">
</span></font></div>
<p class="MsoNormal"><b><font face="Tahoma"><span style="font-size:10.0pt;font-family:Tahoma;font-weight:bold"><u></u> <u></u></span></font></b></p>
<p class="MsoNormal"><b><font face="Tahoma"><span style="font-size:10.0pt;font-family:Tahoma;font-weight:bold">From:</span></font></b><font face="Tahoma"><span style="font-size:10.0pt;font-family:Tahoma"> Lnc-business
[mailto:<a href="mailto:lnc-business-bounces@hq.lp.org" target="_blank">lnc-business-bounces@hq.lp.org</a>] <b><span style="font-weight:bold">On
Behalf Of </span></b>Joshua Katz<br>
<b><span style="font-weight:bold">Sent:</span></b> Friday, August 01, 2014
12:34 PM</span></font></p><div class=""><font face="Tahoma"><br>
<b><span style="font-weight:bold">To:</span></b> <a href="mailto:lnc-business@hq.lp.org" target="_blank">lnc-business@hq.lp.org</a><br>
<b><span style="font-weight:bold">Subject:</span></b> Re: [Lnc-business]
Informal Poll LNC December Meeting</font></div><u></u><u></u><p></p>
</div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt"><u></u> <u></u></span></font></p>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt">I take no position on whether we use a contractor or not. I also,
as a side note, would love to see <u></u><u></u>New
Orleans<u></u><u></u> - it's been on my list for quite some time.
When I moved to <u></u>Texas<u></u>, I in fact got off
at <u></u><u></u>New Orleans<u></u><u></u>
to see the city, but my schedule didn't permit an overnight stay. Neither
did my budget, which is the concern I raise today. The hotel we are
considering for this convention will cost us about $5000 to hold an LNC meeting
there. I am assuming that this is with the knowledge that we are considering
them as a venue for a major convention, hence a really good deal (respective to
the hotel.) I understand that the average cost of an LNC meeting is in
the neighborhood of $2500. I am only guess, then, that this will be a
quite expensive convention. Floor fee or no, the more expensive the
venue, the less we are likely to net profit/greater net loss, unless either:<u></u><u></u></span></font></p><div class="">
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt">1. We have states who have more willing delegates than spots (not
too many) and an expensive venue will keep the poorer delegates away, thus
increasing sales of larger packages. I would object to this on moral
grounds if I thought it, in fact, were the case, but I don't.<u></u><u></u></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt">2. We charge more for packages that are substantially the same.
Of course, for instance, banquet tickets will cost more at a costlier
location (I'd expect) since food costs will be higher - and of course we don't
know where the point of unitary elasticity is, although I strongly suspect (see
1 above) that this point doesn't move when the convention is held at a fancier
location.<u></u><u></u></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt"><u></u> <u></u></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt">Given the cost of this venue for an LNC meeting, I therefore lean
towards it not being a great venue for a convention, and would support having
the meeting at the Hampton Inn instead. I would add that, while it's a
good idea in any case, we really need to minimize costs for the next couple LNC
meetings since we are, in a sense, bankrupt. So even if using the Hampton
Inn will increase costs in the future, I think it makes sense at this
particular moment to defer some costs into the future - time preference, etc.
<u></u><u></u></span></font></p>
</div>
<div>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt"><u></u> <u></u></span></font></p>
</div>
<div>
<div>
<div>
<p class="MsoNormal"><font size="3" color="black" face="Times New Roman"><span style="font-size:12.0pt;color:black"> </span></font>Joshua A. Katz <font color="black"><span style="color:black"><u></u><u></u></span></font></p>
</div>
</div>
</div>
</div></div>
</div>
</div>
<br>_______________________________________________<br>
Lnc-business mailing list<br>
<a href="mailto:Lnc-business@hq.lp.org">Lnc-business@hq.lp.org</a><br>
<a href="http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org" target="_blank">http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org</a><br>
<br></blockquote></div><br></div></div>