Excess inertia , I think, exists in the economic field directly under the topic of adopting rent as the only source of public revenue. Instead of destroying lives at scale by confiscating the earnings of labour and capital. Georgists will say the confiscation of rent must be forced onto people by statute. Those Georgists on the left latently demand this to punish their enemy and protect their constituency. Likewise for those on the right who have their own enemy and constituency. And never the twain shall meet. This land value taxation(LVT) is the best revenue policy technically possible yet has turned out to be the most failing economic policy in history. Even the Israelites only aspired to it despite being so noisy about it in Leviticus so far as we know. In 2007, a Cambridge PhD, Dr. Adrian Wrigley, invented a new policy (with significant help from his think tank) called the Location Value Covenant. The only fundamental difference between the LVC and the LVT proposed above by G...
North Stoke Life
Sightings from a hamlet in Oxfordshire, England. Everything here is an experiment in the movement of thought and observing that happening.