photo credit: Torley David Smiley All countries save about 25 percent of what they produce, their Gross Domestic Product or GDP, for investment as capital in future production. In national accounts these “savings” include environmental damage and natural resource depletion…
The Economics of Thailand Karl Williams A conundrum wrapped in a paradox is perhaps the best way to describe Thailand, and its economic system is no exception as our rolling travelogue will illustrate. To pick apart this puzzle, I had…
Geoff Forster The International Union for Land Value Taxation is launching a campaign to modify the UN Declaration of Human Rights. Article 3 at present reads: Everyone has the right to life, liberty and the security of person. The proposed…
Famous Quotes “The earth is given as a common stock for man to labor and live on. If for the encouragement of industry we allow it to be appropriated, we must take care that other employment be provided to those…
A grasp of economic rent is vital to understanding geoism and the path to social justice and environmental sanity. Short definitions are helpful but limited – the return to privilege; a free ride at society’s expense; unearned increment; excess profits…
Karl Williams, Editor of Progress Magazine What I’m about to write here would almost certainly land me in jail if it were written in Thailand. I’m about to criticize its monarch, King Bhumibol. Yes, dear reader, it may be hard…