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I remember high-school economics class, every lesson the teacher would relate how georgism was a solution to the problem at hand. It sounded like a panacea for
by Stevvo 3y ago
I remember high-school economics class, every lesson the teacher would relate how georgism was a solution to the problem at hand. It sounded like a panacea for all society's economic woes.
- brutusborn 3y agoOnce you understand George's complaints about rent seeking you begin to see it everywhere. I don't think his proposals are a panacea but they would help with most problems in our society (e.g. housing affordability, income inequality). His theory is accepted by both heterodox and orthodox economists but unfortunately hasn't had enough mainstream political interest to prove its utility.