Categories
Business and Society Economics

Herman Daly – The Opportunity Cost of Growth

Fine article from the father of real-world economics on the New Economics Foundation Blog. He counters the mainstream faith in ‘endless growth’ by using economic analysis, but applied to the eco-system as a whole rather than just the narrowly economic system. The new economic question is: are the extra benefits of physically transforming more of […]

Categories
Business and Society Economics

Martin Wolf and Land Value Tax

It was a pleasant surprise to find that the Financial Times chief economics commentator Martin Wolf has come out in favour of a Land Value Tax (an annual tax on the value of land owned), following a debate on the FT website. I have previously written a proposal for a Community Land Value Tax for […]