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: political
Golden Gilded Age?
The Gilded Age was a period of American history that lasted from the late 19th century to the early 20th century. During this time, the United States experienced significant changes in its economic structure, as it shifted from an agricultural economy to an industrial one. The Gilded Age was marked by a number of economicContinue reading “Golden Gilded Age?”
1780s USA
The 1780s marked a critical period for the United States economy. The country had recently gained independence from Britain and was faced with the challenge of building a strong, stable, and prosperous nation. During the 1780s, the United States was a newly independent nation, still in the process of establishing its economic foundations. The countryContinue reading “1780s USA”
Banking Crisis: 1907
The Panic of 1907 was a financial crisis that occurred in the United States in October 1907. The crisis was marked by a series of bank failures and stock market crashes that resulted in widespread economic hardship. The causes are akin to many banking crises that have succeeded this economic catastrophe – rampant speculation andContinue reading “Banking Crisis: 1907”
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