BLOG: Commentary

The New Junk Economics: Hudson

It's hard to keep up with Professor Hudson's rapid fire work rate. Wash the dishes to these 2 key interviews. Guns and Butter - Obama's Republican Class War Presidency - February 3, 2010 at 1:00pmClick to listen (or download) Guns and Butter - The New Junk Economics:...

Liberal Party’s report favours guess what?

photo credit: Hyaground Peter Martin, the journalist with the biggest sieve (catching all those Henry Tax report leaks), wrote recently on the LP's highly secretive Ergas report: The report proposes an annual land tax that would extend to the family home and would be...

Income Tax and Hudson on Obama’s Economy

Read Hudson's latest interpretation of Obama's economic policies: At stake now is President Obama’s credibility as an agent for change. Voters see his main “change” thus far to have been favoritism to Wall Street. Jay Leno jokes that Obama has done the impossible:...

Chinese Govt Warn on Land Hoarding

photo credit: With debate over the impact of China's real estate bubble leading to a stock exchange 'flu' this week, moves are afoot as: ... today's Beijing Youth Daily reports that the Ministry of Land and Resources recently released a list of 18 land development...

A Critique of Paul Samuelson

photo credit: kevindooley Michael Hudson Originally posted at Counter Punch Paul Samuelson, America’s best known economist, died on Sunday Dec 13th. He was awarded the Nobel prize for economics, (founded one year earlier by a Swedish bank in 1970 “in honor of Alfred...

Henry Review Rumours re Land Tax

photo credit: mugley The plot thickens with Glenn Milne reporting THE Federal Government's biggest tax inquiry in more than two decades is set to propose a national land tax, a new resource tax and a congestion tax for clogged cities. The Henry Review, by Treasury...

NZ Land Tax – common misconception

photo credit: D.Reichardt Regarding NZ's Buckley Tax Review, Promises and Costs of a Land Tax : On the one hand, a land tax would induce farmers to make the best possible use of their land, since the tax would be levied regardless of whether the land was in...

UK Bankers Runaway Tax Dodge

photo credit: Compound Eye - on Fall 09 Colorado Review cover Gordon Brown's increasingly populist policies have leapt to a new level of desperation. Reflecting the severity of the economic malaise in England, the British government has announced a new 50% super tax...

Tradeable profits soar, wages suffer

photo credit: ViaMoi Mining and finance are the big winners in the devolving economic model we endure. With the concentration of big business so great, those with control of scarce resources or scarce employment opportunities are able to lean on working classes and...

NZ Tax Justice Move

New Zealand is known as one of the world's leading gimp nations when it comes to protecting the future that land in prime locations avails. They have no Land Tax. They have pathetically low council rates. Worse, these are set to penalise home construction such that...