One of the great mysteries of modern economics is how little attention is paid to the role of land in economic activity. In particular, taxing land ownership as opposed to taxing the economic activity that takes place on it. Flick open an economics textbook, and you’ll find the idea of taxing land ownership based on its unimproved values – basically, the ‘raw’ land itself – seems unthinkable. Which is strange because the forefathers of modern economic theory, dating back to Adam Smith himself, had a very different attitude to land taxation.
The assumption that you’ll invest enough of your earnings into a pension scheme and enjoy a decent standard of living when you retire is a faulty one. Today, the retirement prospects for Generation X’ers and Millennials are looking bleak. Andrew Walker looks into what went wrong.
Never before have young people had more access to free information but, ironically, never before in human history has education been more expensive or stressful.
Our latest episode of Renegade Inc. host Ross Ashcroft is joined by the author and renowned advertising man Dave Trott and asks what’s killing creativity?
Can a country suffer from a Finance Curse? We are joined by Richard Werner and David Buik to discuss.