2 ms·
>Masking the true price (cost) of something is what causes the market to be inefficient, resulting in excess or insufficient supply. This is why the Land Value
by pytester 7y ago
>Masking the true price (cost) of something is what causes the market to be inefficient, resulting in excess or insufficient supply.
This is why the Land Value Tax is such an effective solution to this problem. It's fair, economically efficient and reduces inequality:
https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax