ACX Grants 1-3 Year Updates

In 'Land Is a Big Deal,' Lars A. Doucet delves into the economic theories of Henry George, particularly the concept of Georgism. The book is divided into two parts: the first part summarizes George's main arguments from 'Progress and Poverty,' while the second part empirically tests these theories using modern data. Doucet argues that land and its policies have a significant impact on the economy, leading to issues such as high rents, oppressed workers, and environmental degradation. He proposes the implementation of a land value tax as a solution to these problems, demonstrating how it could raise substantial revenue and alleviate economic inequalities. The book also addresses common criticisms of the land value tax and provides case studies to support its feasibility.