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lvtfan
Interests: economic and social justice, Newfoundlands, better cities, a society and an economy in which all of us can prosper,
Recent Activity
Milton Friedman on taxing land (1999 interview)
A video of a 1999 interview with Milton Friedman includes this: "Land is an ideal basis of taxation because you cannot take it away." In 1871, a Tennessee businessman, Enoch Ensley, wrote to his governor in much the same vein:... Continue reading
Posted Apr 30, 2013 at LVTFan's Blog
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a response to Joe Stiglitz's "A Tax System Stacked Against the 99 Percent"
Last week, Joe Stiglitz posted a blog piece at http://opinionator.blogs.nytimes.com/2013/04/14/a-tax-system-stacked-against-the-99-percent/, in which, among other things, he wrote: One of the reasons for our poor economic performance is the large distortion in our economy caused by the tax system. The one... Continue reading
Posted Apr 18, 2013 at LVTFan's Blog
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Giving consideration to a just tax
This appeared in the Freeport News, and I thought it worth sharing: Dear Editor, Why is it so hard to understand the justice and benefits of capturing the community created value of land for the community? Classical economists such as... Continue reading
Posted Apr 11, 2013 at LVTFan's Blog
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Hoi oligoi
Hoi oligoi. A new phrase for me, and one which made immediate sense. My Georgist grandparents sometimes referred to themselves as part of the hoi polloi, but at other times also used it to distinguish themselves, in a joking way,... Continue reading
Posted Mar 21, 2013 at LVTFan's Blog
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Edgar Guest: Taxes
Taxes By Edgar A. Guest When they become due I don't like them at all. Taxes look large be they ever so small Taxes are debts which I venture to say, No man or no woman is happy to pay.... Continue reading
Posted Mar 11, 2013 at LVTFan's Blog
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Gems from George: Economic Terms -- Land -- still more
I AM writing these pages on the shore of Long Island, where the Bay of New York contracts to what is called the Narrows, nearly opposite the point where our legalized robbers, the Custom-House officers, board incoming steamers to ask... Continue reading
Posted Mar 5, 2013 at LVTFan's Blog
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Gems from George: Economic Terms -- Land - continued
THAT land is only a passive factor in production must be carefully kept in mind. . . . Land cannot act, it can only be acted upon. . . . Nor is this principle changed or avoided when we use... Continue reading
Posted Mar 4, 2013 at LVTFan's Blog
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Gems from George: Economic Terms -- Land
THE term Land in political economy means the natural or passive element in production, and includes the whole external world accessible to man, with all its powers, qualities, and products, except perhaps those portions of it which are for the... Continue reading
Posted Mar 3, 2013 at LVTFan's Blog
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Gems from George: On reasoning
THE power to reason correctly on general subjects is not to be learned in schools, nor does it come with special knowledge. It results from care in separating, from caution in combining, from the habit of asking ourselves the meaning... Continue reading
Posted Mar 2, 2013 at LVTFan's Blog
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Gems from George: of Women, as of Men
I AM convinced that we make a great mistake in depriving one sex of voice in public matters, and that we could in no way so increase the attention, the intelligence and the devotion which may be brought to the... Continue reading
Posted Mar 1, 2013 at LVTFan's Blog
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Gems from George: Social Reform
SOCIAL reform is not to be secured by noise and shouting; by complaints and denunciation; by the formation of parties, or the making of revolutions; but by the awakening of thought and the progress of ideas. Until there be correct... Continue reading
Posted Feb 27, 2013 at LVTFan's Blog
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Gems from George: The Influence of an Individual
LET no one imagine that he has no influence. Whoever he may be, and wherever he may be placed, the man who thinks becomes a light and a power. — Social Problems — Chapter 22: Conclusion which might reasonably be... Continue reading
Posted Feb 27, 2013 at LVTFan's Blog
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Gems from George -- The Power of Thought: Trusting Reason
WE may be wise to distrust our knowledge; and, unless we have tested them, to distrust what we may call our reasonings; but never to distrust reason itself. . . . That the powers with which the human reason must... Continue reading
Posted Feb 27, 2013 at LVTFan's Blog
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Rich and Poor
We are laying the foundations in this state for a greater distinction of classes than exists in any state of the Union at the present day — as great as that which exists in England, where one man rolls in... Continue reading
Posted Feb 27, 2013 at LVTFan's Blog
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Which Catholic Church? - NYTimes.com
Which Catholic Church? - NYTimes.com. The physical parish church offers not only a place for public worship but also a place for study groups, social and fund-raising events, soup kitchens and the like. Nobody, surely, wants to be like the... Continue reading
Posted Feb 26, 2013 at LVTFan's Blog
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Gems from George: Power of Thought - Special Interests
THE power of a special interest, though inimical to the general interest, so to influence common thought as to make fallacies pass as truths, is a great fact, without which neither the political history of our own time and people,... Continue reading
Posted Feb 22, 2013 at LVTFan's Blog
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Gems from George: "Wise" and "Babes"
IT is as bad for a man to think that he can know nothing as to think he knows all. There are things which it is given to all possessing reason to know, if they will but use that reason.... Continue reading
Posted Feb 21, 2013 at LVTFan's Blog
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Gems from George: Politicians, Professors -- and the People
WE cannot safely leave politics to politicians, or political economy to college professors. The people themselves must think, because the people alone can act. — Social Problems — Chapter 1, the Increasing Importance of Social Questions Continue reading
Posted Feb 20, 2013 at LVTFan's Blog
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Gems from George: Social Progress, and Christian Ethics
SOCIAL progress makes the well-being of all more and more the business of each; it binds all closer and closer together in bonds from which none can escape. He who observes the law and the proprieties, and cares for his... Continue reading
Posted Feb 19, 2013 at LVTFan's Blog
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Gems from George: Poverty Kills -- Whose Guilt?
WHOSE fault is it that social conditions are such that men have to make that terrible choice between what conscience tells them is right, and the necessity of earning a living? I hold that it is the fault of society;... Continue reading
Posted Feb 18, 2013 at LVTFan's Blog
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Gems from George: Social Study
I BELIEVE that in a really Christian community, in a society that honored, not with the lips but with the act, the doctrines of Jesus, no one would have occasion to worry about physical needs any more than do the... Continue reading
Posted Feb 17, 2013 at LVTFan's Blog
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Cooper Union’s Tradition of Free Tuition May Be Near End
Cooper Union’s Tradition of Free Tuition May Be Near End - NYTimes.com. The university, which offers world-class instruction in art, architecture and engineering, but no expensive athletic programs, no tricked-out student centers, no plush lawns to sprawl on between classes,... Continue reading
Posted Feb 17, 2013 at LVTFan's Blog
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Is "growing the pie" sufficient?
Or do we have a problem when a small segment of us -- the top 1% of the income spectrum -- capture 121% of the growth? The reference is to the newest year of income concentration data provided by Piketty... Continue reading
Posted Feb 17, 2013 at LVTFan's Blog
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Gems from George: More Men, More Yield ... Malthus was wrong!
TWENTY men working together will, where nature is niggardly, produce more than twenty times the wealth that one man can produce where nature is most bountiful. The denser the population the more minute becomes the subdivision of labor, the greater... Continue reading
Posted Feb 17, 2013 at LVTFan's Blog
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Gems from George: More Men, More Yield -- continued
IF bears instead of men had been shipped from Europe to the North American continent, there would now be no more bears than in the time of Columbus, and possibly fewer, for bear food would not have been increased nor... Continue reading
Posted Feb 15, 2013 at LVTFan's Blog
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