4 ms·
You may need to look past the ideology to get interesting facts the authors are presenting. I am an avid reader of the economist as it shines a light on foreign
by subsubzero 4y ago
You may need to look past the ideology to get interesting facts the authors are presenting. I am an avid reader of the economist as it shines a light on foreign news like few publications do, and even though its rather toned down than say the New York Times on opinion, it still shows through in alot of articles. Stuff like globalism is great for the average worker, the US should adopt a land value tax, etc. I don't agree with alot of the stuff they say and just filter it out but there is alot of really great news stories you may be missing.
- dron57 4y agoOut of interest. Why don't you like a land value tax? To me it seems like a great market based solution to American's lack of housing - which is a huge drag on our total economic growth.
- subsubzero 4y agoIt would make expensive cities even more expensive and encourage building for the sake of building. Open areas would be punished by having them undeveloped with a tax on everything. America also has plenty of housing, in expensive areas(coastal, mountain) we need to ban vacation rentals and make taxes very high on second houses, also prohibit hedgefunds from buying houses for rental units. This would end the housing crisis in expensive areas over night. And the drag on our economic growth is due to companies that can support remote work not allowing it(google, apple etc) which creates fierce competition for real estate to work near a job that can be done anywhere in the US. So our problems are totally self inflicted and don't need a land value tax.