The ratio (net annual income ÷ asset price) used to convert a land selling-value estimate into an annual rental-income estimate, or vice versa — the stock-to-flow conversion every LVT revenue ...
The law of absorption is the term Akhil Patel uses in The Secret Wealth Advantage (2023) for the principle that land, being fixed in supply and locational, "absorbs" the gains of economic progress — ...
A rare academic paper arguing against land value taxation from the left: Wyatt contends LVT would raise, not lower, land prices, give only a small boost to construction, and do little for wealth ...
Quadratic voting (QV) is a collective-decision mechanism in which each voter is given a budget of "voice credits" and may buy votes for or against a proposal at a quadratic price: buying n votes costs ...
Founded in London in 1884, Britain's oldest political think tank drew its early economics heavily from Henry George's rent theory before broadening into a wider programme of gradualist state socialism ...
The house price-credit feedback cycle is a self-reinforcing loop between mortgage lending and land prices, named and diagrammed by Josh Ryan-Collins, Toby Lloyd, and Laurie Macfarlane in Rethinking ...
Several blockchain-based virtual worlds — Decentraland and similar platforms such as The Sandbox — sell a fixed, code-enforced supply of "land" parcels as non-fungible tokens (Decentraland caps its ...
The UK Treasury-commissioned review by Bank of England MPC member Kate Barker: official documentation that Britain's housing shortage is a land-and-planning problem, with agricultural-to-residential ...
Over the past century the expansion of banking in advanced economies has been, above all, the expansion of mortgage lending — and the value that lending is secured against is overwhelmingly land, not ...
In Victoria, Australia, 27 municipalities rating only site value saw 12.9% dwelling growth over 1966-78 versus 2.8% in 15 net-annual-value municipalities, per Fred Harrison — evidence, later echoed by ...
There's an alternative to economics, as there is to astrology and alchemy. Not just a discipline, it's a real science, with answers. Want to know how economies work, why sometimes they don’t, and what ...
The land-as-commons tradition holds that land, by its nature, is not legitimately subject to exclusive private ownership in the same way that products of labour are. Rather, land is a common ...