Societies have long grappled with the question of how to share (or not) the wealth derived from natural resources. Some, like the United States, have embraced systems that allow much of that wealth to fall into the hands of a few private citizens. Others, like… Read More »What Henry George (and Norway) Can Teach Us About Governing the Digital Economy
Tom Daniels, Crossways ProfessorDept. of City and Regional PlanningUniversity of Pennsylvania IntroductionThe research project on the California Sustainable Agricultural Lands Conservation (SALC) program combined the broader exploration of how the SALC might serve as a national model—both to preserve farmland from conversion to development and… Read More »Methodology and Findings for the ‘California Sustainable Agricultural Lands Conservation Program: Evaluating the Use of Cap-and-Trade Funds to Promote Climate Mitigation and Adaptation.’
“On a Sunday afternoon, the city council of Amsterdam flushed 100 years of progressive policy down the drain,” says journalist Hans de Geus. “Melancholy, disappointment and a fighting spirit” prevail in the green progressive party (GroenLinks). “A historic blunder,” according to Marjolein Moorman, currently alderman for the social-democratic party (PvdA). The reactions to the most recent change in the Amsterdam ground lease system were quite severe. The tenor of these reactions was that in 2016, the system was so fundamentally changed that it was de facto abolished. In contrast, there was a euphoric mood among homeowners and right-wing parties. “It’s done,” tweeted a supporter of the liberal party (VVD) enthusiastically.
The system change had been a fervent wish of the liberals, who traditionally stand up for the interests of homeowners. Remarkable, because it had also been a liberal, alderman Treub, who had stood at the beginning of the Amsterdam ground lease system. By no longer selling municipal land, and instead giving it out on long lease, the municipality at the end of the 19th century wanted to get a grip on the uncontrolled growth of the city, stimulate the construction of houses, fight speculation, and make sure the growing value of the land would benefit the community, instead of the individual land owner.
The stone age didn’t end because we ran out of stones. Don Huberts After the COVID-19 dip, global oil use has rebounded to 100 million barrels per day and is projected to rise to 104 million bpd by 2026 with no peak in sight. Coal… Read More »Leveling the Energy Playing Field
Seventeen years after the publication of Henry George’s Progress and Poverty, the city of Amsterdam decided not to sell any more of its land. Instead they installed a system of municipal ground lease, to ensure the community would benefit from the increased value of the land. The system has been hotly debated ever since, including by Georgists.
An exciting project has been initiated in Canada. After discussions with Georgist economists including Frank Peddle, Karl Fitzgerald, Richard Pereira, and Gary Flomenhoft, an established Canadian organization has released an RFP inviting economists to calculate the available economic rent in Canada. The spearheading organization, UBI… Read More »RFP launched to determine Canada’s rental value
The Robert Schalkenbach Foundation (RSF) is committed to supporting original research that carries the ideas of 19th century economist and social reformer Henry George into the 21st century and beyond. To this end, RSF supports the conduct of original research into topics of social justice,… Read More »Robert Schalkenbach Foundation Progress of Ideas Grant
In the first chapter of her new book, “Antitrust: Taking on Monopoly Power from the Gilded Age to the Digital Age,” Senator Amy Klobuchar tells the story behind the board game “Monopoly”, her favorite game growing up. She recounts how the earliest known version of… Read More »BOOK REVIEW: “Antitrust: Taking on Monopoly Power from the Gilded Age to the Digital Age.”
Traditional views of fiscal policy focus on the role of government in providing benefits like safe and efficient transportation options, good schools, and public safety, financed through the collection of taxes, bonding, and other means of collecting revenues from members of the public. What is often overlooked, however, is that the beneficiaries of these investments are private: the developers, businesses, and homeowners who see their projects greenlighted as a result of infrastructure extensions, their customer bases swell because of new transit stops, or their property values soar as a result of enhanced public schooling.
Value capture strategies focus on reclaiming the incremental increase in private land values (not improvements like homes or businesses) that results from public investments and returning it to the public coffers. In this way, they close the fiscal loop, making those who benefit most from public investments pay the most to support them.
By: Matthew Downhour and Mihali Felipe Perhaps nothing defines a society more than its ideas on property – that is, things that people possess, indefinitely have control over, and have responsibility over. While what we do and can do with our property are easy to… Read More »An Objective Look at Land and Entropy
