"In my writing and classroom teaching on the economy, I have consistently made the case that our economic system is inherently unstable, subject to the 18-20 year cycles of boom-to-bust. Four decades of financial deregulation have exacerbated the problem so that the depth and duration of recessions grow increasingly worse.
I have now put this analysis into a series of six videos now available on Youtube. The videos are chronological beginning with the 1970s. Given the intense so many of us have with what is happening today, I hope you might want to view at least the sixth video in the series.
If you have questions or comments, I hope you will take the time to post them on Youtube. I will try to respond in a timely manner.
Taxation of labor and capital in urban areas is one of the driving forces leading to the contraction and decay of our cities.
Land Value Taxation (LVT) is rational taxation of immovable property (land). LVT can be a major tool for strengthening the development market in cities, reduce taxes for productive citizens and businesses and provide a progressive fair and equitable source of public revenue.
- Infill directed - frees lots buildings
Compact - produce more efficient, consolidated units
Dense - incentive to build upward
Affordable Housing - lower incomes qualify for loan
Distinctive Communities - invest in home without tax increase
Mixed Use, Walkable - density draws stores, retail, entrepreneurial activity
LVT Jurisdictions 2013 millage rates Pennsylvania Department of Community and Economic Development
The Center gathers and disseminates articles, studies monographs on the subject of taxation.
We suggest implementation where appropriate but do not support political candidates or become involved in the electoral process.
The Center for the Study of Economics is a 501 (c) 3 non-profit educational foundation established in 1980. Our mission is to assist governments in evaluating current property tax