Economics

Rethinking the Economics of Land and Housing By Josh Ryan-Collins, Toby Lloyd and Laurie Macfarlane Published by New Economics Foundation (2017) ISBN 978-1-78699-118-8 Reviewed by Simon McKenna This accessible book from the New Economics Foundation offers valuable new insights into the UK housing crisis. Land tax advocates will find the sections which deal with supply […]

Natural Rights and Duties By Malcolm Hill Natural rights are accorded as birthrights by Nature to every living individual on earth to support their civil and economic existence.  Yet the gift of Nature is often ignored and human rights formulated by man are preferred. The difference between rights founded on Nature and those formulated without […]

Public Revenue Without Taxation By Peter Bowman THE IDEA The market mechanism provides the most efficient way of allocating the resources of an economy. Yet public services, which can count for around half of economic activity, are charged for indirectly through taxes which have no direct connection to what the payer receives in return. These […]

How, for the provision of public infrastructure and affordable housing, may private sector finance be accessed and properly rewarded whilst retaining all associated rent as public revenue? Rather than explaining the theory or describing the ideal method by which this can be achieved, I prefer to find concrete practical examples from around the world, which […]

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The Local Tax Commission Report A reflection by Duncan Pickard The only conclusion in the Local Tax Commission Report which is definitive is that “the current system of Council Tax must end”. It follows that another system must be found to replace it, but the Commission is unable to decide what that should be because […]

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Welsh Labour AM Mark Drakeford has given his backing to a “land value tax”. Read More http://www.walesonline.co.uk/news/wales-news/2012/02/03/land-value-tax-would-be-fairer-says-mark-drakeford-am-91466-30256915/#ixzz1ldjWM2Yh The short debate in the Welsh Assembly is well worth listening do. Mark puts across his argument very clearly and distinctly. The response from other members is also very positive Video on LVT: http://news.bbc.co.uk/democracylive/hi/wales/newsid_9690000/9690359.stm

Here is a helpful quote which gets to the heart of Henry George’s message form a new book entitled Sacred Economics Money Gift and Society in the Age of transition by Charles Eisenstein. You can see more details and download chapters of the book here Polarization of wealth is inevitable when people are allowed to […]