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This Tax Makes All Other Taxes Redundant

This Tax Makes All Other Taxes Redundant

On a lazy Sunday morning I managed to get my son Miran (9) and his friend Tinus (10), who lives next door to us, to play a game of Monopoly. They were not very enthusiastic at first; they find the game boring and predictable. The player who can build houses first quickly gets ahead in the game. Especially if he reinvests the money he earns in new houses. For the others, it’s hard to catch up. The winner accumulates piles of money, the other players are broke and frustrated. There’s hardly any strategy involved. It’s just a matter of being lucky or unlucky.

The current housing market in the Netherlands looks a lot like a Monopoly game. If you bought a house at the right time, your wealth is growing. If you don’t own a house yet, it is almost impossible to get in on this wealth growth.

Free Newark Now!

Free Newark Now!

Along with New York City, Newark, New Jersey, possesses one of the best locational advantages of any city in the United States. Founded in 1666 by Connecticut Puritans, the town grew by leaps and bounds; the Industrial Revolution sparked a meteoric increase in population and a multi-sector industrial and commercial base. First, canals and then railroads converged into the city. With a population of 8000 in 1820, people poured in, swelling the city’s population to 367,000 by 1910. 

The civic confidence of Newark was such that city leaders in government and business thought it was time to go big. In the era of bold public development, the Meadowlands of New Jersey (known as Newark Meadows) consisted of 46 square miles of what today we would call wetlands but then were called “wastelands.” 4300 acres lay inside the city limits of Newark, and plans were executed and funded by the city to build a port from the “reclaimed” land.

Shared Truth

Shared Truth

Apparently, cyberattacks do not only involve computer programming. There is a thing called perception hacking, a name for the kind of disinformation campaign that starts online and seeks to sow distrust and division deeply and widely in a society. In the run up to the… Read More »Shared Truth

Review: Daniel Mandell, The Lost Tradition of Economic Equality in America: 1600 to 1870. Baltimore: Johns Hopkins University Press (2020)

Review: Daniel Mandell, The Lost Tradition of Economic Equality in America: 1600 to 1870. Baltimore: Johns Hopkins University Press (2020)

Historian Daniel Mandell’s fourth and most recent book is an important contribution to studies about the relationship between property, wealth, and history. Published in 2020, this book has not received the attention it deserves. The author has unearthed substantial new material, which along with roughly… Read More »Review: Daniel Mandell, The Lost Tradition of Economic Equality in America: 1600 to 1870. Baltimore: Johns Hopkins University Press (2020)