ECONOMIC RENT

In a society taxing labour, capital, thrift and industry, the concept of the economic rent of our natural resources can be difficult to get your head around .

Frank de Jong of EarthSharing Canada does a great job in explaining it in this interview.

The reaction of the two interviewers is typical.  Thanks to Frank’s clear exposition, they become receptive.  They see the cleverness and importance of the principle, but also foresee the political hurdles, first, educating people to the idea, then withstanding attacks from those vested interests holding monopoly ‘rights’ over economic rent.

Leave a Reply