….. in the 6th-last paragraph of the article below.
It appears that it’s only governments and economists that can continually ignore the fundamental economic perspective so carefully laid out by Henry George.
https://richardheinberg.com/museletter-331-what-if-preventing-collapse-isnt-profitable
From THE AGE today:-
How about reversing this neoclassical economics nonsense that finally took hold at the great depression?
This nonsensical belief held by the major political parties is why countries are being directed down the 2026 gurgler.
Then we’ll have to bail the banks out again!
Good Martin North/Robbie Barwick video below.
The following epitomises the sort of political corruption that has put corrupt banking practice beyond the arm of the law.
Fred Harrison’s address is certainly the cause for international concern but the economist/journalist is nothing if not thoroughly researched in his twenty published books.
Current affairs are obviously important to people but we need to retain a sense of proportion about ills requiring remediation.
We don’t.
Many people have their knickers in a twist over pandemic vaccinations, but isn’t it more than a little ironic that we’ve made ourselves host to rent-seeking parasites for more than five centuries now?
No? ……. OK!
https://www.abc.net.au/4corners/the-pandora-papers:-the-secret-riches-of-a/13569504
Last night’s 4 Corners was boringly repetitive. Maybe the legal and accounting personalities have changed, but income tax will always be avoided in tax havens. Australia should become one!
Singapore is a tax haven because the government ‘owns’ most of the land on behalf of its people. That’s why it has a low income tax regime and it’s an attractive proposition for Australian companies to manage their income tax affairs in Singapore.
The international case to make income tax ‘work’ is doomed to failure – so that real estate ‘investors’ may continue to ‘win’ at the expense of income earners and small businesses.
Wake up, Australia, tax land values and un-tax incomes, for God’s sake!