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  • Re: The Crime of Poverty

    Autolykos wrote that there can be artifically produced land. He is using a physics definition of land rather than that of economics. In economics, "land" means natural resources. "Natural" means apart from human action. Artificial production implies human action, or labor, and the...
    Posted to General (Forum) by Fred Foldvary on Wed, Feb 29 2012
  • Re: The Crime of Poverty

    Graham Wright claims that Georgism collects 100% of the income from land. Georgist policy collects only the economic rent of land, which by definition is that rent not needed to put land to its best use. Thus any income due to entrepreneurship and improvements by the title holder would not be taxed....
    Posted to General (Forum) by Fred Foldvary on Tue, Feb 28 2012
  • Re: The Crime of Poverty

    Graham Wright claims that Georgists believe that land belongs to the community. Not quite. Georgists believe that the economic rent of land belongs to some relevant community in equal shares, but the possession of land may well be individual. Indeed, Georgism would provide greater rights of individual...
    Posted to General (Forum) by Fred Foldvary on Tue, Feb 28 2012
  • Re: The Crime of Poverty

    "when they say "land monopolization" they mean what we would call private ownership of land, or a free market in land." Not so. Land is a monopoly because: 1) The supply cannot expand, so landowners all together have a monopoly; to get land, one must transter land from a previous...
    Posted to General (Forum) by Fred Foldvary on Tue, Feb 28 2012
  • Go get free land!

    7 towns where land is free, weeeeeeeeeeeeee http://www.cnbc.com/id/40220738/?slide=1
    Posted to General (Forum) by liquiditytrap on Mon, Mar 21 2011
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