Will China Crash in 2015? by Mason Gaffney As published in the American Journal for Economics and Sociology Abstract. Loosely derived from Henry Georgeís theory that land speculation creates boom-bust cycles, a real-assets model of economic crises is developed. In…
Cross Posted from Warwick Smith at The Guardian Joe Hockey recently said “I don’t like higher taxes; I am philosophically opposed to higher taxes … because if you increase taxes you’re just collecting someone else’s money.” As usual, the reality…
Who pays for a $43 million windfall gain in three years? That’s a 352% return for the “entrepreneurial” Richard Gu. His skill? To have the capital to buy the land, then to apply for a 1500 apartment re-zoning of the…
Last week’s 121st Annual Henry George Commemorative dinner was a success with 70 in attendance. The audio from Leith van Onselen’s presentation was recorded and edited into his arresting powerpoint. Press play and enjoy the analysis. Macro housing conditions –…
photo credit: woodleywonderworks Tues March 6th, 6.30pm Phil Anderson Prosper Rooms 1/27 Hardware Lane, Melbourne Forecaster Phil Anderson will give reasoning to why we are about to enter a bigger real estate boom bust cycle than the one we have…
Robert J McAlpine, President Prosper Australia The time for thinkers on economic matters has come! By neglecting the field of property valuation, mainstream economists have missed some of the most important factors in market price determination There exists an almost…
If you own a piece of land, the State government wants to know. Why? Because you expect the government to enforce your exclusive right to occupy or let that land. Moreover, as the total supply of land is fixed, it…