Britain’s reputation as a rentier economy on the global stage continues to solidify with Chancellor Hunt’s decision to soak the productive wealth creators with higher taxes without going after the property hoarders and unproductive wealth extractors. Examining ways to tackle unproductive rent-seeking behaviour is crucial to rescue the British economy from its managed decline thatContinue reading “Land-Value Tax: Least bad?”
Tag Archives: friedman
Friedman’s Fallacies
The most influential economist of the late 20th century, Milton Friedman, had a revolutionary effect on today’s world. The turn of 1980 marked a rebirth of economic liberalism and monetarism, a departure from the misguided stop-go monetary and Keynesian fiscal policies. The work of Friedman gave free market leaders in Reagan and Thatcher the frameworkContinue reading “Friedman’s Fallacies”
