OECD and Land Value Tax

OECD and Land Value Tax

The OECD has a Policy Highlight document out, summarising two forthcoming publications on the governance of land use. In it (page 17) it advocates for Land Value Tax: If governments aim to encourage efficient land use within urban areas, they may also consider the introduction of a pure land value tax, which provides particularly strong…

Rapacious Rent

The thread that runs right through this paper requires readers to understand what we mean when we talk about rent. No doubt many people, if they think about “rent”, think of, predominantly, what people without a home of their own pay to live in someone else’s spare property, or, more broadly, a fee one pays…

Planning: All poverty, no progress

Planning: All poverty, no progress

Last night I attended a debate on Green Belt policy here at Brookes, organised by the Royal Town Planning Institute and mainly, it appears, based on last autumn’s Adam Smith Institute’s research paper “The Green Noose” by Tom Papworth, who was there to defend his work in front of what at times was a hostile…

Millennium Rent more like

Millennium Rent more like

Renting is for losers. Apparently. It is only now that any form of buying is out of reach of so many who a generation ago would have been able to buy, that people have taken up the cause for renters of all classes. As what would have been yuppies in the 80s now see little…

Who won Magna Carta?

Who won Magna Carta?

Judging by the reverence in which it is held, most people who are vaguely aware of Magna Carta's place in British, and beyond's, history think of it as some kind of a founding document of liberties of individuals against despotic monarchs and governments. It is somehow at the core of our constitution, and Englishmen abroad go…

The timeline to trouble

The timeline to trouble

So, a few days into the “LIBOR Scandal” what do we know, when did things start to go wrong and in what way did they breach “best practice”? Here’s a timeline to the current travails of the Treasury-privileged classes: 1690: John Freame, Quaker of Cirencester, and co-religionist Thomas Gould fled persecution in backward English countryside…