Does Georgism Work? Is Land Really A Big Deal?
Astral Codex Ten Podcast
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Urban Land Values - A Statistical Model of Urban Land Valuation
There are more pure land sales in urban areas than there are in outlying areas, as far as i can tell. Alboy builds his statistical model using nothing but pure land sales and excludes anything that has a structure on it. And yet his date points are most densely clustered around major city centres. There's good reason to believe this method produces estimates that are too low. Smith spends a lot of time attacking the federal reserves figures with arguments similar to michael hudson's critique from a two thousand one article called, where did all the land go lincoln post? Here's hudson.
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