The Great Real Estate Bubble of the Roaring Twenties
Economists conventionally attribute the Great Depression to blunders by the then-new Federal Reserve Bank. According to this story, promoted by Milton Friedman and the Chicago School, after the stock...
View ArticleWhy Georgists Corrected Predicted the Crisis, and Why Conventional Economists...
Land bubbles of varying severity and universality recur roughly every eighteen to twenty years. Like Henry George, modern Georgists attribute recessions and depressions to these bubbles. A huge real...
View ArticleCan Cyberspace Liberate Us from Earthly Space?
The internet, it has long seemed, frees us from the bounds of location. We can work from home. We can shop in London or Tokyo. On Skype, we can chat with friends in Sydney, Australia as if they were...
View ArticleHow to Fix the Great Real Estate After-Bubble
The Washington Post April 21 headlines an article “Wall Street betting billions on single-family homes in distressed markets.” The article continues, “Drawn by the prospect of double-figure profit...
View ArticleHow Colonies Can Liberate Themselves by Taxing Real Estate
A colony is an area of land belonging mostly to outsiders, who extract more than they put in, hold good property underused, and control local politics. Greece, Haiti and Puerto Rico are colonies. Given...
View ArticleStrong Towns: A Bottom-Up Revolution to Rebuild American Prosperity, by...
Post WW II single family subdivisions have proved a fiscal disaster. At first, they generated substantial tax revenues, making cities eager to encourage and subsidize more of them by extending...
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