Changing the world

What’s the problem? Class struggle? Population? Money? Debt? Banks? Something else? ‘Something else’ is more important than each of the others, but we always say it’s “too hard and will never happen!” And so we continue to plod along in an economic slough of...

Decentralisation made easy

As Australian capital cities spill out into their hinterland, our regional cities and towns serviced by good infrastructure are failing worse than ever to attract their share of population growth. Politicians regularly breast-beat about the developmental imbalance,...

Boom-bust and the Australian banks

Australia experienced an increasingly gigantic bubble in land prices during the 1880s and the beginning of the 1890s, and the city of Melbourne became bubble-central. Michael Cannon provides an excellent account of the period in The Land Boomers. Henry George’s...

1 + 2 adds up!

These two interesting quotes assist to make the Georgist case that land prices and taxes are both problematical:- (1) Richard Cobden: “Cheated, Robbed and Bamboozled” “I warn ministers, and I warn landlords and the aristocracy of this country, against forcing on the...

“Poverty is the mother of crime”

What did Marcus Aurelius mean when he said “Poverty is the mother of crime”? Surely he wasn’t trying to justify crime?  The vast majority of poor people keep on ‘the straight and narrow’ without turning to crime? No, he wasn’t justifying crime; he was simply being...

Why economies are failing

The Real Excess Burden: an overarching approach By Bryan Kavanagh Disclosures I’m not a fan of economists who are able to equate the rent flowing from land with the returns to manufactured capital without experiencing a frisson of self-reproach. That income from...

Time to fix economic blight

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...

125th Henry George Commemoration Dinner

A full house turned up to hear Prosper Australia president, Catherine Cashmore, deliver her address, entitled “The Culture of Abundance” at the 125th Henry George Commemoration Dinner in Melbourne on Thursday night. One of the best speeches for years, a good mixture...

Addressing privilege

As a research associate of the Land Values Research Group, land values speak to me about many things. They reflect relative advantage. You know, Ricardo’s Law of Rent, otherwise known as location, location, location and all that? A great part of land values are...