Public Finance for the Knowledge Economy

Your Excellency.

We are advised that the information contained in this document, that itself derives from an idea originally proposed by a “Professor Tobin” and later by a “Mr Shambrook” and is presented in the Jonker Memorandum as the [so-called] ‘Shambok solution’ is beginning to get a more public airing than it has had in the [so-called] PAST.

 

It was decided by the Council when we reached this particular part of the Jonker Memorandum Podcast cyber serial, [around episode 75] that we would leave this section out of the story because of its sheer philosophic complexity; and would include it as an annexure only, for those who enjoy a puzzle.

 

The piece should therefore be read in conjunction with the reading of Episode 75. Or not: as you wish.

 

For those who are not familiar with the purpose of the chapter that will be included here as text only, we shall repeat some things we may well have said alreadyTherefore:…

 

NOTE: You are respectfully reminded that this annexure is in reality an episode from the story and so may be odd reading for those unfamiliar with the tale: given that this episode would be close to the end. That should not however deter you.

 

For your convenience the text follows below under the heading: ‘Taxing transactions in the Knowledge economy”.