Rethinking the Paradox of Property

Karl FitzgeraldCommentary, Multimedia1 Comment

Renegade Economists Show 542

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the weekly podcast
.

Show Notes
Rethinking the Economics of Land and Housing: Author Laurie Macfarlane delves into the depths of property rights to reveal the paradox of property. We wade into the UK housing market as core themes to the book are highlighted amidst our ongoing critique of neo-classical economics. Laurie finishes with an insight into the positive reform developments in Scotland. How can we break this message down for the everyday person? Please comment with your thoughts below.

Related Links
Laurie’s TedX speech, which we played about this time last year.
It’s time to call housing what it is: the largest transfer of wealth in living memory: Laurie’s op-ed at Open Democracy News.
Reframing the Economy: New Economics Foundation
LSE book review
Let these themes seep in by subscribing to our 115 year old Progress Magazine, for which Karl is the editor.

Renegade Economists’ Glossary.

Here’s the Twitter and watch #LVT, #commons, #rentier.

Share with your friends, or if you could, provide an itunes review for the show. Thankyou!

Campaign potentials for public land selloffs

Karl FitzgeraldCommentaryLeave a Comment

Renegade Economists Show 541

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the weekly podcast
.

Show Notes
Let’s step into the world of grassroots citizenry with Peter Henderson from the Kyneton Town Square Reference Group and their battle to save the old Kyneton Primary School from yet another public land selloff. In the second half, Karl discusses potential campaign strategies for public lands selloffs, from our unique economic perspective.

Related Links

Rebooting Democracy
Great comment by Rob Kates on why Kyneton needs to retain this space
New Economics Foundation on Public Land selloff campaign tools
Karl on ghost auctions circa 2011 – this is outrageous they get away with this!
Warwick Smith on Medium re the worst tax funds everything
Karl on Medium re The Hope of Economic Growth
The old Kyneton hospital
Apparently there are other reasons the hospital hasn’t been developed! Spooky
Vic Govt public lands agenda

Renegade Economists’ Glossary

Here’s the Twitter and watch #LVT, #commons, #rentier.

Share with your friends, or if you could, provide an itunes review for the show. Thankyou!

Pitchforks & Promises

Karl FitzgeraldMultimediaLeave a Comment

Renegade Economists Show 540

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the weekly podcast
.

Show Notes
Leading value capture academic Associate Prof Matthew Burke (Cities Research Institute, Griffith Uni) discusses the political complexities of changing the way we relate to infrastructure and the windfall gains landholders enjoy. This is discussed in light of the federal budget and Matthew’s research.

Related Links
Value capture portal
Why the Gold Coast rail was worth it – Matthew Burke
ACT apartment prices and LVT

The Federal Budget:

To assist the Commonwealth in considering an even wider range of methods to support infrastructure, the Infrastructure and Project Financing Agency has been established. It provides specialised advice to identify, develop and assess funding and innovative financing options for investment in major infrastructure projects. Some examples of newer funding options are value capture and public–private partnerships.

Infrastructure should predominantly be focused on improving the supply side of the economy, rather than on influencing demand. There are risks if infrastructure spending is not well timed and targeted or is pursued when the economy is closer to full employment. These risks include public infrastructure either crowding out private sector activity or escalating project costs. Such risks suggest that it is better for
infrastructure to be delivered against a longer-term plan than being assessed against shorter -term considerations

unsplash-logoClark Tibbs

Renegade Economists’ Glossary

Here’s the Twitter and watch #LVT, #commons, #rentier.

Share with your friends, or if you could, provide an itunes review for the show. Thankyou!

Cheats, fraudsters and darn rent seekers

Karl FitzgeraldMultimediaLeave a Comment

Renegade Economists Show 539

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the weekly podcast
.

Show Notes
Karl digs into the Royal Commission on Banking, discusses what’s coming up when the superannuation sector is investigated and reveals important details on the Victorian State budget. Along the way there is background to what actually goes on during the week. So many good conversations. Visitors from where?

Related Links
Progress Magazine
Karl’s Victorian Budget Formula
RC Banking Quiz
Jesus: the economic activist
Superannuation rip-off 1
Superannuation 2

Music – Poddington Bear

Renegade Economists’ Glossary

Here’s the Twitter and watch #LVT, #commons, #rentier.

Share with your friends, or if you could, provide an itunes review for the show. Thankyou!

Show Off Economics

Karl FitzgeraldMultimediaLeave a Comment

Renegade Economists Show 538

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the weekly podcast
.

Show Notes
Polly Cleveland (Columbia University) discusses the origins of inequality, taking us on a journey from Tanzanian tribes in desert lands to aboriginal people engaging in horticultural activities. How does inequality begin? Join us for this trek through the ages.

Related Links
Bruce Pascoe – Dark Emu
The Physiocrats and Le Zig Zag
Polly’s piece on Monopoly & the Open Markets Initiative
Trickle Up Economics

Renegade Economists’ Glossary

Here’s the Twitter and watch #LVT, #commons, #rentier.

Share with your friends, or if you could, provide an itunes review for the show. Thankyou!