Renegade Economists Show 576

As broadcast on the 3CR airwaves 6 – 6.30pm on the fourth Wednesday of the month.

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Show Notes
The Renegades Podcourse #3: Land is the central tenet of Georgist understanding, but yet our most valuable asset is ignored in economics, ignored in the policy setting – unless it starts to falter. Land represents natural resources above and below us. It also represents land-like assets that share a similar natural monopoly status. So it is crucial to determining both wealth distribution and societal efficiencies. A short clip is included featuring Jacob Schwartz-Lucas on the key ingredient – the law of rent.

See past editions of the 12 part Georgist podcourse.

Related Links
Some of the material in this edition is borrowed from the Earth Rights International course on Land Rights, Land Value Taxation and Commons Rent.
Land for the Many – UK report by Monbiot, MacFarlane et al
The Classical Components of GDP graph:

Traditional foes labour and capital left behind by growth in land and tax take

The Trickle up Economics report findings summarised.
Law of Rent – cartoon series
The Total Resource Rents of Australia report – finding economic rents are at 23.6% of GDP.

Climate Works Land Use Futures website features images such as:

Jacob Schwartz-Lucas on the Law of Rent (full episode):

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Here’s the Twitter and watch #LVT, #commons, #rentier.

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unsplash-logoFerdinand Stöhr