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Re:Detroit wants to be the first big American city to tax la... by Stevvo on Tuesday October 17, 2023 @12:14AM (#37910535)
I remember high-school economics class, every lesson the teacher would relate how georgism was a solution to the problem at hand. It sounded like a panacea for all society's economic woes.
Re:Detroit wants to be the first big American city to tax la... by brutusborn on Tuesday October 17, 2023 @02:22AM (#37911289)
Once you understand George's complaints about rent seeking you begin to see it everywhere. I don't think his proposals are a panacea but they would help with most problems in our society (e.g. housing affordability, income inequality). His theory is accepted by both heterodox and orthodox economists but unfortunately hasn't had enough mainstream political interest to prove its utility.