Time to fix economic blight

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Do you see the cat? Read on. THE PROGRESSIVE ERA Americans apparently consider the Progressive Era (1890s to 1920s) belongs to them. The period was driven by the reformist ideas of Henry George as taken up by public officials across the US political spectrum; amongst others, these included Hazen Pingree, Tom L Johnson, Brand Whitlock […]

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Introduction to Modern Monetary Theory

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An Introductory Course in Modern Monetary Theory When: Monday, January 16 & 23 Time: 6:30pm Where: 64 Harcourt St, North Melbourne Cost: Free Registration: email office@prosper.org.au Do you understand the monetary system? Want a deeper understanding of unemployment, inflation, fiscal policy and the banking system? Jesse Hermans will present an introductory course in Modern Monetary […]

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Productivity and Prosperity? Yes Please!

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Last month, the Productivity Commission delivered a damning assessment of Australia’s productivity performance over the last 12 years in the discussion paper Increasing Australia’s future prosperity. They asked for submissions with fresh ideas. Prosper has a few: • Attack rent seeking at its source by taxing land rents through a land value tax • Unwind […]

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Next time government says it can’t afford to build, wave this IA report in their face

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Australia has a problem: we can’t build roads, rail and schools as fast as population is growing with current government financing methods. Failing to keep up with our current needs – let alone investing for an uncertain future – puts the living standards of everyone at risk. We and our ancestors worked very hard to […]

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True Grit: leadership, political backbone and advancing the national interest

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The worst tax we pay is a state charge – conveyancing Stamp Duty, which makes it hard, sometimes impossible, to move across town to a better job or around the corner to a bigger or smaller home. Anyone living with modern teenagers and the elderly in a house of many steps or plentiful weeds know […]

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Retiring to live on the fat of the land may not be possible – rents are falling

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CoreLogic’s Quarterly Review of the residential property market released yesterday brings sobering news for land holders – particularly Australia’s 1.2 million strong Negatively Geared investor class. Rents are falling. Source: CoreLogic CoreLogic’s Tim Lawless observes: “Rental incomes are falling across the combined capital cities in the midst of the weakest rental market on record. A […]

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https://prosper.org.au/2016/12/