TRICKLE-UP ECONOMICS

Dr Gavin Putland, launching his report “Trickle-Up Economics: Assessing the impact of privatized land rent on economic growth” at Prosper Australia’s headquarters last night.

Dr Putland’s comprehensive report clearly demonstrates the manner in which wages and profits (coloured aqua on the screen) are being ‘squeezed’ by taxes (red), privatized land rent (blue) and capital gains (green).

A preview of the report by Prosper Australia’s president, Catherine Cashmore, was carried by MacroBusiness yesterday.

It will be interesting to see whether Australia’s mainstream media is prepared to publish a synopsis of the report. It’s a devastating critique of the socio-economic damage being wrought by Australia’s rent-seeking.

Full report –> trickle-up-17apr-convert

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