Prosper Australia

By Nadia Weiner, Director, Adam Smith Club, Sydney, Australia Although Adam Smith is often quoted, the so-called “Father of Economics” has rarely been read, either by his detractors or his admirers. Consequently he is often misunderstood. Smith, who made such a strong stand against the protectionist mercantile system of trade of his day, devoted over [...]

Mason Gaffney, Professor of Economics, University of California, Riverside The following is the introduction to Professor Gaffney’s paper Neo-classical Economics as a Stratagem against Henry George, 5 July 1994. This paper formed the basis of a book: The Corruption of Economics, Mason Gaffney and Fred Harrison, Shepheard-Walwyn (Publishers) Ltd, London, 1994. Buy the book Introduction: [...]

By Fred E. Foldvary Fred received his B.A. in economics from the University of California at Berkeley, and his M.A. and Ph.D. in economics from George Mason University. He has taught economics at the Latvian University of Agriculture, Virginia Tech, John F. Kennedy University, California State University at Hayward, the University of California at Berkeley [...]

Karl Williams, former President, Prosper Australia Inc. 200 Word Overview Geonomics (‘law of the Earth’) represents a completely different way of looking at The Earth. Starting from the self-evident (but ignored!) principle that The Earth (land and natural resources) should be the equal and common birthright of all humanity, a radically different set of economic [...]

November 7, 1990 Four of the West’s top economists – Nobel prize-winners Franco Modigliani, James Tobin, Robert Solow and William Vickery – were among the signatories to an open letter to Mikhail Gorbachev in 1990. The economists urged the Soviet President to retain land in public ownership, and to raise government revenue by charging rent [...]

The real issue forcing land prices up are the huge economic rents available to land speculators. With Jeff Kennett’s move away from Site Value rating to Capital Improved Value (CIV) rating, land speculators can purchase land, sit on it and wait for the property to grow in value. The constant attack on State Land Taxes [...]