INSTABILITY

Land monopoly and servile employment is currently a feature of all forms of government, whether monarchy, republicanism or communism.

Although we’d achieve genuine freedom once land values are taxed instead of wages, profits, goods & services, academia denies the case that public capture of publicly-generated economic rent creates prosperity and liberty. Whenever this is put to an economist the response is most often that “It can’t be done”, usually accompanied by a sneer (as the case is logically irrefutable).

the sneer

Thus, the cycle of boom-bust property bubbles has been assisted to remain ‘invisible’. That’s both scandalous and revealing. It speaks volumes about education’s “search for truth”.

This ongoing educational void creates social, financial and economic instability and distress, until eventually culminating in the turmoil of world economic depression.