
Does Georgism Work? Is Land Really A Big Deal?
Astral Codex Ten Podcast
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Is the Fed Really Incompetent in the Past?
I e wildly overstated land values, based on smith and hudson's critiques as well as my own analysis of the data. The fed was apparently so embarrassed by this that they stopped reporting land value estimates in subsequent reports. This raises two questions: One, are these problems still in effect to day? And two, if the fed was so incompetent in the past, how can we trust that later estimates are not just as wrong, but in the other direction?
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