Category: Blog

A History of Land Value Taxation in Pittsburgh

Further Reading: Land-Value Taxation by Kenneth C. Wenzer Land and Taxation by Nicolaus Tideman A Philosophy for a Fair Society by Michael Hudson, G. J. Miller and Kris Feder This essay on Pittsburgh by Ian Hopton follows the...

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Tony Blair initiative to solve housing crisis

Further Reading: Ricardo’s Law by Fred Harrison Rent Unmasked by Fred Harrison No Debt, High Growth, Low Tax by Andrew Purves The Observer (3rd Dec) revealed a new initiative to tackle the housing crisis from the Tony...

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Tax Reform needed to avoid another spectacular crash

This week marks the 10th anniversary of the event that triggered the 2007/8 crisis and the ensuing Great Recession. But it need not have happened. In November 1997 Fred Harrison, author of Boom Bust and The Power in the Land, wrote to Prime Minister Tony Blair and his Press Secretary, Alistair Campbell, to warn them about a ‘housing crisis that would end up in a depression’. No notice was taken. Chancellor of the Exchequer, Gordon Brown, even boasted in each of his Budget speeches, including April 2007, that “we will never return to the old boom and bust”.

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