by John Tippett
“How satisfying to read a book which explains simply, logically and coherently why economies are currently failing: economic justice no longer exists. Civil freedom may have been granted to us, but we are denied economic freedom by distributional systems which pay obeisance to greed.” – Bryan Kavanagh, thedepression.org.au
By Andrew Purves
Governments around the world are wrestling with the problems of enormous debts, low growth, high unemployment and a gap between the demands of public expenditure and what can be raised through taxation.
Only a few countries have been able to avoid this pattern, mostly those blessed with vast natural resources such as oil. However, there are two small islands with no natural resources which have also enjoyed high growth combined with low taxation: Hong Kong and Singapore. Nor do they have any public debts, on the contrary, they generally run a budget surplus, and investment income is a feature of their government revenue.
The author has gone beyond the conventional analysis of taxation, and asked what each jurisdiction has in common, to bring about this happy state of affairs.
By John Pullen
In 1890, the famous American economist and social reformer, Henry George, arrived in Australia to begin a controversial 98-day public lecture tour. Following the international publicity generated by his book Progress and Poverty, with its challenges to conventional economics, he had made several lecture tours in Britain, attracting immense audiences. In Australia he visited 34 cities and towns and continued to promulgate vigorously and eloquently his radical program for the ownership, management and taxation of natural resources such as land, coal, and minerals.
Nature’s Gifts provides, for the first time, a detailed account of this important and progressive lecture series. Equal rights to land; land taxation; land prices; land rents; land nationalisation; and free trade and protection remain issues which are highly relevant today.
Engaging and insightful, this is a timely and critical study of the reforms proposed by Henry George and the possibility of establishing an efficient and equitable system for the ownership of natural resources.
By Cameron Murray and Paul Frijters
Game of Mates tells a tale of economic theft across major sectors of Australia’s economy, showing how well-connected insiders are able to siphon of billions. In property, mining, transport, banking, superannuation, and many more sectors, ‘grey-corruption’ is undermining our economic and political stability. Murray is an economist and consultant who specialises in property markets, environmental economics, and corruption. Fritjers is a prominent research economist and has published over 70 papers in fields including unemployment policy, discrimination and economic development.
By Martin Adams
What if we lived in a world where everyone had enough? A world where everyone mattered and where people lived in harmony with nature? What if the solution to our economic, social, and ecological problems was right underneath our feet? Land has been sought after throughout history. Even today, people struggle to get onto the property ladder; most view real estate as an important way to build wealth. Yet, as readers of this book will discover, the institution of land ownership—and our urge to make money from land—causes economic booms and busts, social and cultural decline, and environmental devastation. Land: A New Paradigm for a Thriving World introduces a radically new economic model that promises a sustainable and abundant world for all. This book is for those who dream of a better world for themselves and for future generations.
by Phillip Soos and Paul D. Egan
In Bubble Economics, Paul D. Egan and Philip Soos explore a depressed Australia in the 1840s, 1890s and 1930s. They detail recurrent patterns of boom-bust credit and asset cycles which heralded financial instability, particularly following speculation in commercial and residential land markets.
A financial instability model is put forward to predict economic downturns which is based on Georgist, post-Keynesian and behavioural finance schools of economic thought, informed by data from 1830 to 2013.
The trends in Australia’s current trade settings, residential property market and banking sector are ominously similar to the key precursors to Australia’s ‘Great Depression’ of the 1890s. Egan and Soos expose ‘rentier economics’ in the land down under and discard the dominant neoclassical paradigm, bringing a fresh perspective to the intense debate about Australia’s economic future.
David Smiley’s subtitle ‘How Faulty Institutions Create World Poverty’ indicates a deep investigation into the structural constraints of the economy, particularly those undermining the social mobility Western economies strive for.
Walter Rybeck looks at the big issues of Joblessness, Blighted Cities, Crumbling Infrastructure, Homelessness, Environmental Abuse and Recessions to look into the heart of privilege and inequity.
A recent book by Julian Pratt, Stewardship Economy: private property without private ownership, builds on the tradition of Thomas Spence, Henry George, Hillel Steiner and others to review western attitudes to land and the environment. It argues that the system of private property rights, ownership, that we apply to the things we make (artefacts) is entirely inappropriate when applied to the natural world (both land and the environment).
The book does not challenge the existence of private property in the natural world but it proposes that this should take the form of stewardship not ownership. A steward of the natural world has:
– the right of access – to use it in the way that they choose, within the constraints of any relevant regulations
– the responsibility of care – to manage it responsibly and husband it for future generations, accepting liability for any damage done to it
– the duty of compensation – to pay an annual fee, equal to its market rent, into a fund that is used to benefit everyone as government revenue (in place of conventional taxes) and as a Universal Income
– ownership, in the conventional sense, of any buildings or other improvements.
The author sets out the practical benefits of a stewardship economy and discusses how to make a transition from an ownership economy. A supplementary volume, to be published later in the year, will trace the ethical and practical arguments for stewardship from the perspectives of property rights, economics, optimal taxation and benefit systems.
by Fred Harrison
How to Outlaw Cheating and Save our Civilisation
After correctly forecasting the timing of the global financial crisis, Fred Harrison now extends that same analysis to the future of the West – His alarming conclusion is that we are at a very dangerous tipping point! Attributing the present crisis to a social process of cheating, he develops a synthesis of the social and natural sciences to show how the market system can be reformed… it might not be too late to prevent the looming catastrophe!
From the book: “As a life support system, urbanisation on the scale that required massive investment in infrastructure was fatally flawed. My general theory of cheating accounts for the tragedy that is embedded in civilisation. It explains all of the dysfunctional forms of behaviour which combine into crises on a scale that leads to collapse of the system. Cheating on a socially significant scale corrodes the structural foundations of civilisation. The kind of cheating with which we are concerned exercises the power to block the feedback mechanisms (such as moral codes) that would otherwise deliver stability.” (page 34)
by Fred Harrison
‘You can become wealthy by creating wealth or by appropriating the wealth created by other people. When the appropriation of the wealth is illegal it is called theft or fraud. When it is legal economists call it rent-seeking’ John Kay, Financial Times
The conquest of nations inevitably splits the population into two classes – the victors and vanquished. The path to peace and prosperity is Harrision’s aim as he analyses the modern day influences on the Taliban, Al-Qaeda to the CIA.
Alanna Hartzok, who we toured around Australia in 2006, has a new book: The Earth Belongs to Everyone. Signifying the clarity of this work, Alanna has been awarded the 2008 Radical Middle Political Book Award. The annual award is given to books that best exemplify a politics that’s grounded in practical reality, but at the same time are deeply creative and imaginative.
The book is a collection of Articles and Essays. Themes include: Democracy, Earth Rights and the Next Economy; Sharing Our Common Heritage; Land for People, Not for Profit; Financing Local to Global Public Goods; Women, Earth and Economic Power; From Warfare to Earthshare.
and the great con trick of Debt!
by Shirley Anne Hardy
“Parts of it make me want to laugh or dry at the same time. Only a blacksmith in a faery tale could have wrought together such a powerful piece of work as Shirley indeed has.”
by John Davis
The Community Land Trust Reader brings together for the first time the seminal texts that inspired and defined the CLT. Selections trace the intellectual origins of an eclectic model of tenure that was shaped by the social theories of Henry George, Ebenezer Howard, Ralph Borsodi, and Arthur Morgan and by social experiments like the Garden Cities of England and the Gramdan villages of India.
by Lindy Davies
A fictional book on how a developing nation could independently reform their economic system. Billions have been spent on foreign aid programs that have done little to avoid the structural poverty afflicting so much of the world. Lindy Davies is one of our leading intellects, as you can see in this interview.
by Frank Stilwell and Kirrily Jordan
Analysing Economic Inequality in Australia, Stilwell & Jordan delve into the data to paint a picture of a two speed society whilst providing needed solutions.