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What can’t be said

Having recently read biographies of Paul Keating, Wayne Swan, and Craig Emerson, I’m astounded at their incredible levels of political commitment and investment in the Labor Party, and to Australia, during the Hawke-Keating period of government from 11 March 1983 to...

A farmer’s plea

  The Need for Economic Democracy by Mark Haywood   “Our planet is small at last, and we will not forever be able to seek prosperity in the impoverishment of others and the destruction of nature. Ecology compels us, finally, to ask if there is a decent...

If land prices escalate, wages must suffer

In an interesting article in the Fairfax media today, purporting to provide the truth about declining wages in Australia, Jessica Irvine and Adam Gartrell fail to mention that David Ricardo, Adam Smith, JS Mill and Henry George had all said that land rent needs to be...

Proposed removal of Site Value rating option

James Webster Parkdale, VIC 3195 March 7th 2018,   Dear DELWP, I object to key changes in the Local Government Act Review that undermine the revenue sovereignty of local Councils. I consider revenue sovereignty crucial to council’s political sovereignty. I...

OECD tries to do the impossible

  3 January 2018 International Co-operation and Tax Administration Division OECD/CTPA Dear Ladies and Gentlemen,           Circumvention of Common Reporting Standards (CRS)   May I respectfully suggest that the OECD has set itself an impossible task in...

From capitalism to rentierism?

Taxes on wages in Australia were fairly minimal until WWII, since which time they’ve been ratcheted up significantly. Federal taxes before the war consisted mainly of customs and excise charges and the federal land tax, introduced in 1910. The States and...

Where we failed: a telling chart

  In his paper American Government Finance in the Long Run: 1790 to 1990 (Journal of Economic Perspectives, Vol 14, Number 1) John Joseph Wallis demonstrates that US government finance experienced three separate phases:- Asset Finance Phase 1790 to 1842, where...

Regulatory bodies paid to look like idiots?

  All the great social philosophers have held that land must be rented, not sold, if communities aren’t to implode. One of them put it into a formula, saying that if we were to capture the social surplus, then labour and profits will receive their full and...

“Is the Queen a Georgist?”

  Turns out she is! She pays the rent …. In 2015 the Crown Estate delivered a record £328.8 million to the Exchequer from its thirty wind farms and central London assets. This was up 8.1% on the previous year, taking the total the Estate has returned to the...