Desperate Times: A Letter from Puerto Rico

by Víctor A. Ramírez García …This is how lands were distributed to the people that remained and, since they were few, … each person received such large tracts that even today they lay fallow, … abandoned to the beasts. This vice, so entrenched in Puerto Rico, is the main obstacle that has retarded progress since … Read more

Land Value Tax Now A Mainstream Policy In Scotland

Significant strides toward a fairer tax system have been made in Scotland, where the establishment of a dedicated commission on land reform has cemented the policy direction of the leading Scottish National Party. SNP, Scotland’s governing party, held its annual conference in March, and attendees were jubilant at the commitment made to some form of … Read more

The Cause of Global Inequality: Comparing Jared Diamond and Henry George

Can inequality within and between societies be explained in terms of merit and intelligence, or are the most important determinants of inequality beyond individual control? Both economist Henry George and geographer Jared Diamond essentially asked this same question, examining the fundamental forces that have shaped human history. They come to startlingly similar conclusions. These similarities … Read more

Simulation Could Explain Why People Reject Smarter Economic Policy

If variety is the spice of life, then why are so many of us drawn to old habits? You might think of this phrase in the context of your Friday night plans, but economists are asking it about our approach to public policy. Despite a growing body of research indicating that the structure of U.S. … Read more

Who Owns Geosynchronous Orbital Pathways?

Who owns outer space? Our most idealistic visions of the future require us to transcend our narrow personal or nationalistic interests, but increasingly, space seems likely to be divvied up among the powerful, as has so often happened with the Earth. Can space be managed to serve the common interest? Managing a Commons Space is … Read more

Chinese Investment in US Real Estate Tops $110bn

The lessons of the 2008 financial crisis are quickly being forgotten. That market collapse was precipitated by an extraordinary rise of US land values, which was driven by the emergence of subprime lending on a mass scale. Prices of residential and commercial real estate are once again on the rise. A major driver of this … Read more

Detroit Conference: Reclaiming Our Land and Water

Detroit, Michigan

Once Detroit was motown, the home of Mustangs, Chevies and Cadillacs, of Aretha, the Jacksons, the Temptations. What happened? How can it be turned around? How can other cities escape the suffering that Detroit has endured? In the 1960s, in the town of Southfield, the Detroit suburb where the Council of Georgist Organizations (CGO) annual … Read more