physiocrats

Gaetano Filangieri – Royal Exposé

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  Part of the Geoists in History series, a biographical take on influential economic thinkers, taken from our 112 year old Progress Magazine. “I propose to introduce the reform gradually and with the greatest care. A tax particularly burdensome should be first taken off, its net amount accurately calculated, and an equivalent laid upon the land. […]

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Stiglitz to Piketty: its the land!

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  Joseph Stiglitz’s recent interview with Lynne Parrymore of the Institute for New Economics demonstrates the difference between land and capital: My paper begins with the observation that in fact, you cannot explain what has happened to the wealth/income ratio by that (Piketty’s) analysis. A closer look at what has gone on suggests that a […]

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