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I think the GP is referring more specifically to Henry George Theorem (https://en.wikipedia.org/wiki/Henry_George_theorem https://en.wikipedia.org/wiki/Henry_Ge
by psc 10y ago
I think the GP is referring more specifically to Henry George Theorem (https://en.wikipedia.org/wiki/Henry_George_theorem https://en.wikipedia.org/wiki/Henry_George_theorem). The theorem has pretty solid theoretical backing, so I don't see why it wouldn't apply to basic income. At the very least it's a good question to research.
My understanding is that all owners of would increase the rents/prices of their unimproved land, not just housing landlords. Everywhere you'd move is now more expensive by the same amount, because unimproved land is (mostly) fixed supply.
- senseless 10y agoExactly, Henry George is the most prominent theorist who pushed those ideas, and many more have used or expanded on them since.
- paul 10y ago"under certain conditions". There is an enormous amount of unimproved land in the world, and most of it is quite inexpensive. I do like the idea of a land tax though, and believe that it's a good way to fund BI (along with carbon tax).