The Trickle Up Economics of Privatized Land Rents

Assessing the impact of privatized land rent on economic growth

by Serban V.C. Enache

A new study from Prosper Australia Research Institute investigates the relationship of the land rent as share of GDP with the rate of economic growth. Since WW2, there has been a negative correlation between Australia’s total land price and the rate of economic growth. Continue reading “The Trickle Up Economics of Privatized Land Rents”

The Folly of Psychologizing History

by Serban V.C. Enache

In the book For Your Own Good, Hidden cruelty in child-rearing and the roots of violence, Alice Miller writes the following: Continue reading “The Folly of Psychologizing History”

China’s Africa

by Serban V.C. Enache

The last century’s violence and propaganda have left us with a certain type of thinking. That world affairs revolve around superpowers in their attempts to establish dominance over various parts of the globe. Spheres of influence are consolidated through the use of military force, economic sanctions, and regime changes – but also through diplomacy, material and financial aid, and cultural exports. Continue reading “China’s Africa”

Milton Friedman, the Liar

by Serban V.C. Enache

Milton Friedman, a great American economist. He received the 1976 Nobel Memorial Prize in Economic Sciences. The father of the Monetarist current. Avid supporter of the so-called Free Market. His work influenced policy makers far and wide. Milton Friedman, a gentleman, a liar… Continue reading “Milton Friedman, the Liar”