Some say racism was invented to try to justify displacing one group of people – Native Americans – from the land and enslaving another group of people to work it. Racism may be more complicated than that, but it has been closely connected to land… Read More »Racism and the Land
I was talking with my brother about his experiences as a small business owner during the current COVID crisis. Jay and his wife, Christina, run a gym in Long Island City, a neighborhood in Queens, New York. During the mandated shutdown, the fitness industry has… Read More »UBI/PPP Response Op Ed
At RSF, our belief, one in which we advocate, is that each and every person in the United States has a right to enjoy a basic quality of life; a quality of life that reflects the incredible technological advances and economic wealth this country possesses.… Read More »RSF Position on Creating a Fair and Equitable Normal (Post COVID-19)
Kelly Doran, a prominent Minneapolis housing developer, argued in a recent op/ed that with the current economic shutdown, the city’s “inclusionary housing” regulations that require market rate developments to include a percentage of affordable units should be eliminated. He says that such requirements, along with the difficulty… Read More »Does economic shutdown allow a reset on policies to make housing affordable?
The current attitudes toward government and its accompanying fiscal malaise can be explained in good part by the groundswell of resentment people feel about paying taxes. The dilemma has its roots, I believe, in the economic paradigm dominating public thought and discourse for the past… Read More »What is Rent?
Nicolaus Tideman image: Daniel Thiele on Unsplash In ancient Sumer, it was customary for a new monarch, upon ascending his throne, to cancel the debts of farmers to their landlords.[1] (The debts of merchants to one another, however, were not canceled.) The Hebrew Bible establishes a similar economic… Read More »The Role of Debt Cancellation in Implementing Land Value Taxation
On November 9, 2016, I climbed the stairs, dreading what would come next. A moment later, I sat on my six-year-old’s bedside. “Who will save our environment?” he sobbed, his face buried in my lap. A few days later we began volunteering weekly at our… Read More »An Economic Vaccine for COVID-19 (That Might Just Save the Environment, Too…)
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by Fred Foldvary and Nicolaus Tideman Governments owe compensation for the losses that individuals and companies incur from the temporary shutdowns that they, these governments, have imposed in response to the coronavirus pandemic. The compensation they owe must be on-going compensation rather than the one-time… Read More »Compensating for Lost Revenue During COVID 19
The COVID-19 pandemic and the containment measures taken to control it likely will be together the seminal economic events of a generation, surpassing the financial crisis of 2008 and rivaling stagflation in importance. Indeed, unlike 2008 and like stagflation, this crisis is manifesting as a… Read More »COVID-19 factors of production
