Prosper Australia

“Communally created values must be safeguarded, and it is the function of government to collect into the public treasury the value attaching to land by reason of the presence of the people, as that is the natural source from which public revenue should be drawn.” “This small bespeckled man was always looked upon in the [...]

photo credit: Torley David Smiley All countries save about 25 percent of what they produce, their Gross Domestic Product or GDP, for investment as capital in future production. In national accounts these “savings” include environmental damage and natural resource depletion incurred in the process of production. This does not seem a very good measure of [...]

The Economics of Thailand Karl Williams A conundrum wrapped in a paradox is perhaps the best way to describe Thailand, and its economic system is no exception as our rolling travelogue will illustrate. To pick apart this puzzle, I had the assistance of the only two geoists in Thailand, who were also my gracious hosts [...]

Geoff Forster The International Union for Land Value Taxation is launching a campaign to modify the UN Declaration of Human Rights. Article 3 at present reads: Everyone has the right to life, liberty and the security of person. The proposed amended version is: Everyone has the right to life, liberty and security of person, the [...]

Famous Quotes “The earth is given as a common stock for man to labor and live on. If for the encouragement of industry we allow it to be appropriated, we must take care that other employment be provided to those excluded from the appropriation. If we do not, the fundamental right to labor the earth [...]

A grasp of economic rent is vital to understanding geoism and the path to social justice and environmental sanity. Short definitions are helpful but limited – the return to privilege; a free ride at society’s expense; unearned increment; excess profits that monopolists reap in the absence of competition; income derived from assets that cannot be [...]

Karl Williams, Editor of Progress Magazine What I’m about to write here would almost certainly land me in jail if it were written in Thailand. I’m about to criticize its monarch, King Bhumibol. Yes, dear reader, it may be hard to believe that, in the 21st century in a modern and supposedly democratic nation, such [...]