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Does Georgism Work? Is Land Really A Big Deal?

Astral Codex Ten Podcast

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Georgism and the Single Tax

L v t is a rare form of taxation that actually boosts the economy because it discourages rent seeking and speculation. Some georgists even go so far as to say that l v t can raise enough revenue to replace all other less efficient taxes, becoming the so called single tax. Henry george was an early proponent of what we now call universal basic income, or, as he called it, the citizen's dividend, funded by l v t. Even if you threw every penny of l v t revenue into the sea, the anti sprawl effects of the policy are appealing enough by themselves to earn the endorsement of yimbis lincoln post and urbanists like strong towns lincoln post

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