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
This article is part of Uncommonwealth, a series of articles that discuss housing affordability, economic justice, and inequality in the United States. A few weeks ago, I was listening to a podcast on NPRon how homeownership in the United States had now become a luxury. There were… Read More »The Fallacy of Accumulation and Wealth
Henry George was an American economist, social philosopher and reformer of the late 1800s. He is known chiefly for analyzing and promoting a single tax on land value, thus eliminating all other taxes. With no tax on trade, and no sales taxes and no tariffs,… Read More »Why I am a Georgist
The term frozen capital is used mainly to refer to any capital stock, unused or underused, that thereby reduces productive enterprise from operating at its optimum potential. In most instances, it is an accounting or bankers’ term,[1] often referring to inventory which is shelved or… Read More »Taxing Rent Thaws Frozen Capital
Macroeconomics has remained substantially unchanged since 1971 when gold and the dollar were uncoupled. Whether this pivotal change in the early 1970s was the end of economic sanity or the beginning of a great era of prosperity is a matter of opinion. In any case,… Read More »LVT, MMT, UBI & BTC: The Alphabet Soup of Economics
I broadly agree with Frank de Jong regarding UBIs (UBI self-defeating unless funded by rental value capture): to do universal basic income without a land value tax is foolish, and fundamentally unsustainable. However, I disagree with the characterization of “self-defeating”, for reasons of both a… Read More »Even an Imperfect UBI Not Necessarily “Self-Defeating”
A universal basic income (UBI) is an idea whose time has definitely come, especially considering the devastating COVID-19 related business and job disruptions. As well as covering basic costs for the duration of the pandemic, a UBI can and will help businesses retool, restructure and… Read More »UBI self-defeating unless funded by rental value capture – Point A
Major internet-based platforms like Facebook, Amazon, Apple, Netflix, and Google (FAANG) command monopolies allowing them to charge well beyond their costs. (The House Antitrust Subcommittee determined in October 2020 that Facebook wields monopoly powers in social network and has maintained its position by acquiring, copying or killing its competitors.)… Read More »Platform Capitalism is Eating Your Town
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
407 Nassau Street
Princeton, NJ 08540
Phone: (973) 434-0005
[email protected]
The Robert Schalkenbach Foundation is a 501(c)(3) organization.
EIN: 13-1656331
