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By Mason Gaffney, on August 17th, 2012
A tax based on land value is in many ways ideal, but many economists dismiss it by assuming it could not raise enough revenue. Standard sources of data omit much of the potential tax base, and undervalue what they do measure. The purpose of this paper is to present more comprehensive and accurate measures of land . . . → Read More: The Hidden Taxable Capacity of Land: Enough and to Spare
By Mason Gaffney, on August 4th, 2012
Wending a Way Through the Stumbling Blocks between Georgism and Catholicism
This essay surveys the issues between Georgists and Roman Catholics in three classes: issues that are not peculiarly Roman Catholic (RC) but play out across faiths and denominations, issues that are peculiarly RC, and points of similarity and agreement. Addressed in this fashion are the tensions . . . → Read More: Going My Way?
By Mason Gaffney, on July 4th, 2012
Happy 4th! To appreciate a bit of our country, here is a Travelogue, St .Catharines to Albany, June 2012. I was searching for my dad through his childhood homes in Wayne County, east of Rochester, NY; I found him.
I got my grades in on Wednesday, June 20 – only one day late! There are 160 current . . . → Read More: Travelogue, St. Catharines to Albany, June 2012
By Mason Gaffney, on January 8th, 2012
Paper delivered at Annual Meetings, Association for Evolutionary Economics (AFEE), Chicago, January 8, 2012
Major Outline
The Pecora Hearings, 1933. Another 10 days that shook the world.
Hearings sponsored by a dying Republican Congress. Role of Hoover, seeking scapegoat. Role of Senator Norbeck of S.D., an echo of earlier progressive Republicans of the Bull Moose Party.
Pecora was a surprise, . . . → Read More: Reverberations between Immoderate Land-Price Cycles and Banking Cycles
By Mason Gaffney, on June 4th, 2011
Coasians and other defenders of “property rights” have captured mainstream economics to the detriment of public interest in our shared environment.. A personal story:
Sleeping with . . . → Read More: Sleeping with the Enemy: Economists who Side with Polluters
By Mason Gaffney, on September 1st, 2010
(Presented at History of Economics Society Annual Meeting, Syracuse, New York, June 2010)
Religious upheavals have generally preceded waves of radical reform and reaction in U. S. history, thus serving at least as leading indicators, and perhaps as causative explanations. As these waves rise and swell, crest, crash and ebb, they sweep and tumble most individuals along, . . . → Read More: How Religious Awakenings Presage Radical Reforms
By Mason Gaffney, on June 18th, 2010
Dear Georgist historians, and other good people
We have lost former Cal state Senator Al Rodda, senate leader and Georgist stalwart. Perhaps it was time: he lived his 3-score years and 10 plus 27 more, but he left footprints in the sands of time. Anyone caring to write him up, start with www.thebackbench.blogspot.com.
Al graduated . . . → Read More: Al Rodda, RIP
By Mason Gaffney, on April 2nd, 2010
Professor Stabile’s main thesis is that most classical economists cared about social justice, which he equates with a living wage…
By the end, however, it becomes clear that Stabile is pushing a viewpoint after all: he is invoking classical political economy on the side of labor unions. This is not the same as a ‘pro-labor’ view – . . . → Read More: Review of Donald Stabile, The Living Wage
By Mason Gaffney, on February 19th, 2010
On Jan 21 2010 our High Court shocked Americans by ruling in Citizens United v. Federal Elections Commission that a corporation may contribute unlimited funds advertising its views for and against political candidates of its choice – in practice, the choice of its CEO or Directors. . . . → Read More: Corporations, Democracy, and the US Supreme Court
By Mason Gaffney, on December 1st, 2009
At a time when most everyone has an opinion about the state of the U.S. economy and the quality of decision-making in Washington, D.C., the voice of esteemed economics professor and former TIME magazine journalist Mason Gaffney is an important one. Currently teaching at the University of California, Gaffney has been publishing vital
contributions to economics since his PhD dissertation in 1956. . . . → Read More: Interview on After the Crash, 2009
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Recent Posts
- The Hidden Taxable Capacity of Land: Enough and to Spare
- Going My Way?
- Travelogue, St. Catharines to Albany, June 2012
- Reverberations between Immoderate Land-Price Cycles and Banking Cycles
- Sleeping with the Enemy: Economists who Side with Polluters
- How Religious Awakenings Presage Radical Reforms
- Al Rodda, RIP
- Review of Donald Stabile, The Living Wage
- Corporations, Democracy, and the US Supreme Court
- Interview on After the Crash, 2009
- The Four Vampires of Capital
- The Hidden Taxable Capacity of Land: Enough and to Spare
- Empty Spaces: How Our Tax Policies Caused the Present Seizure by Unbalancing Hard and Soft Capital
- How to Thaw Credit, Now and Forever
- Is the Bailout Justified?
- THE GREAT CRASH OF 2008
- Stimulus: the False and the True
- Keeping Land in Capital Theory: Ricardo, Faustmann, Wicksell, and George
- The Shrinking Dollar
- Neo-classical Economics as a Stratagem Against Henry George
- A Severance Tax on California Oil?
- Repopulating New Orleans
- New Life in Old Cities
- Denying Inflation: Who, Why, and How?
- What Is “Consumption”?
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Review of Donald Stabile, The Living Wage
Professor Stabile’s main thesis is that most classical economists cared about social justice, which he equates with a living wage…
By the end, however, it becomes clear that Stabile is pushing a viewpoint after all: he is invoking classical political economy on the side of labor unions. This is not the same as a ‘pro-labor’ view – . . . → Read More: Review of Donald Stabile, The Living Wage