Taxes on income and expenditure can be abolished by raising public revenue from the natural source, land. This would restore full employment, banish poverty and sustain economic activity. Neo-classical economists and their paymasters were so afraid the policy might be implemented that they shrouded the theory in mystery.
The Georgist Paradigm is a model of political economy that offers comprehensive solutions to the social and ecological problems of our age. At its heart are principles on land rights and public finance which integrate economic efficiency with social justice.