Re:Foundations of Complexity Economics
by nabla9 on Saturday April 17, 2021 @04:55AM
(#26842698)
> My gripe with all schools of economics i
Then you don't know much about mainstream economics. Don't learn economics from news, pundits or other shallow sources.
(1) Mainstream Economists strongly agree with you with large consensus. Yes there is consensus among mainstream economists about land/property.
(2) They have a solution and they agree even on that. Property tax is considered the least harmful tax because it taxes rentier. Adam Smith would also strongly agree. He made this tax proposal to solve the issue already in 1776.
(3) Urban economics has even more nuanced view.
When mainstream economists agree on something, there is little talk about it.
The real issue is the people. Either they own property and don't accept tax, or they can't understand simple reasoning with 2 or 3 steps. If the first step is to increase property/land tax they stop thinking and react with statements like: "It would increase rents" or "Price of food would increase."
Then you don't know much about mainstream economics. Don't learn economics from news, pundits or other shallow sources.
(1) Mainstream Economists strongly agree with you with large consensus. Yes there is consensus among mainstream economists about land/property.
(2) They have a solution and they agree even on that. Property tax is considered the least harmful tax because it taxes rentier. Adam Smith would also strongly agree. He made this tax proposal to solve the issue already in 1776.
(3) Urban economics has even more nuanced view.
When mainstream economists agree on something, there is little talk about it.
The real issue is the people. Either they own property and don't accept tax, or they can't understand simple reasoning with 2 or 3 steps. If the first step is to increase property/land tax they stop thinking and react with statements like: "It would increase rents" or "Price of food would increase."