As a research associate of the Land Values Research Group, land values speak to me about many things. They reflect relative advantage. You know, Ricardo’s Law of Rent, otherwise known as location, location, location and all that? A great part…
We were all meant to be wealthy by now – new technologies having assisted the means of production and service delivery. Instead, what we’ve inherited is a world gone mad, and in debt. Where did all the wealth go? Look…
Former federal and state politician John Brumby had a piece in THE AGE last Tuesday “Australia needs to start making its own luck” warning of ‘dog days’ and Australia heading down ‘the Greek road’. Although Brumby clearly followed the neo-liberal economic textbook, both…
Forthcoming elections have divided the USA, the UK and Australia over much the same issue: the big end of town versus people expressing concern at their isolation from the political process. The sins of Wall Street in capturing unearned incomes…
The Bernie Sanders-Hillary Clinton contest in the debates for Democratic Party presidential nominee is paring back to whether Main Street should challenge the Big End of Town. Sanders has questioned Clinton’s judgment at least, in accepting $225,000 to speak approvingly…
“The relevance of Moses’ economics to our own tax-burdened days is startling” proclaimed The Viking Press’ blurb for Francis Neilson’s book “The Eleventh Commandment” on its release in 1933. However, during those early days of the Great Depression, policy makers…
RIP Australia Australia was not overrun and defeated. It became dead at heart, and the rot and canker spread to its extremities. Federally, proportional representation elected only the Senate, because rent-seekers who divided and ruled the nation charged that it…
Blowin’ in the wind Why must we be fined with tax, for workin’ for the nation? Yes, ‘n’ how much time will it take before … we’ll quit our occupation? Why won’t we turn where the tax breaks are, in…
Some advice Once you’ve understood that you’re only on this planet for a short period, certain things should become clear to you. Namely, there’s only a few people who are life’s winners; the vast majority will die losers. Whilst workers and capitalists…
Economic depression for dummies Let’s say labour joins with capital and land to produce wealth, and that the locational rent of land arises as a by-product, simply from the existence of the surrounding community and its infrastructure. Say, for some…