It is simply impossible to raise the price of estate when that price is not matched by improvements in productivity.
Land based wealth is an illusion, says a pro-capitalist economist. And he's absolutely right.. His solution however, indicates the usual intellectual and moral cowardice I've come to expect from the Institute of Public Affairs.. But then again we know who pays for the tune of those pipers!
Re: fere libenter homines id quod volunt credunt
INDEED!
It is simply impossible to raise the price of estate when that price is not matched by improvements in productivity.
Land based wealth is an illusion, says a pro-capitalist economist. And he's absolutely right.. His solution however, indicates the usual intellectual and moral cowardice I've come to expect from the Institute of Public Affairs.. But then again we know who pays for the tune of those pipers!