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‚Äôs total land price and the rate of economic growth. Continue reading “The Trickle Up Economics of Privatized Land Rents”

Funding Schemes for Local Authorities and Regional Governments

by Serban V.C. Enache

The simplest solution allowing the government maximum space for fiscal and monetary policy is for that government to spend and tax in its own free floating fiat currency. Since Local Authorities and Regional Governments are not sovereign, they are forbidden to tax citizens in any other currency except the national currency. Continue reading “Funding Schemes for Local Authorities and Regional Governments”