118th Henry George Commemorative Dinner

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118th Henry George Commemoration Address
Tuesday Sept 1st
Speaker: Mr J Kennedy Bennett, Coordinator of Site Rating Defence

A rates analyst for 19 years with valuation work across 12 councils, his current project is uniting the Monash ratepayers behind a full economic disclosure model. We get to hear it first.

Enjoy the welcoming atmosphere of the Pumphouse, just across the road from the Exhibition Building where Henry George gave his 1890 speech to a packed audience.

Meals will be available via the popular “pay as you go” method, starting at around $15.00. We will begin to gather around 6pm. Meals to be ordered by 6.45.

Venue: The Conservatory room, the Pumphouse Hotel, 128 Nicholson St, Fitzroy
RSVP: Friday 28th August if you will be attending.

Download the flyer (right-click) to forward it on

McMansion Melbourne Costs Add Up

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The Age reports on the plague of spare rooms in Room to spare as city sprawls . Would Speed Renting help assist us all look outside our own social networks to consider someone who fits our dream home atmosphere? We are tracking down the listed report (below) to add to Rob Adams excellent piece on how we can fit 500,000 people within currently zoned residential land. Read our press release on sprawl to get the gist of a more common-sense system of land use.

The Age
MARIKA DOBBIN
August 11, 2009

A THIRD of Melbourne bedrooms are now unoccupied, according to a state department report.

As the Government extends the city’s urban growth boundary by thousands of hectares, a Transport Department report showed there were already 1.3 million spare bedrooms in existing suburbs, enough to accommodate projected population growth during the next 20 years.

Almost 70 per cent of houses within current city limits had extra bedrooms, with the highest proportion in the wealthy eastern and bayside suburbs, and in outer growth suburbs where the blocks are comparatively larger.

The report showed increased wealth had led to homes being built larger than ever, with the number of households having two or more spare bedrooms in the decade to the 2006 census more than doubling. At the same time, the number of people per household had shrunk.

The report is likely to fuel critics of the Government’s plan, who argue Melbourne is already the world’s eighth-most sprawling metropolis, not because of population growth but because of inefficient use of land.

”We are being greedy with space,” said University of Melbourne’s planning expert Philip Goad.

Community Land Trust Momentum

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The Early Bird
Creative Commons License photo credit: Carly & Art

Renegade Economists Podcast 99

As recorded on the almighty 3CR, Wed July 22nd
Subscribe to the podcast

Community Land Trust Momentum: This week we talk to Dr Louise Crabtree about Community Land Trusts and the growing groundswell of support. Alice is back and we talk about Powershift, climate and everyday monopolies.

Join the CLT E-Group

**** Apologies for the late posting but I am on tour in the US, exciting stuff, exciting people.

Leaders hijacked by powerful nations PACER PLUS
Why Pacific nations bend over – poor tax policy breeds reliance!!!

Everyday monopolies:

  • Bars – Brewery pays for bar & taps & hotelier signs a 3 year contract to buy kegs at X price AND you can only have ‘Xbeer’ on tap.
  • Mobile phones – monopoly on iphones – wont sell outright, force u to pay prepay and thus add some cream on top, wont event let the store google search ‘outright ownership’. If buy from a non-optus store – u pay $150 to unlock it.
  • Homebirthing outlawed in 2010
  • “Effectively two pieces of legislation will outlaw midwives providing > homebirth care from July 2010” said Justine Caines, mother of seven and secretary of Homebirth Australia.
    = Obstetricians monopoly…just what our over-stretched public hospital system needs…and a female Health Minister ok’s it. What is left of traditional Labor values?

  • Lunar property for sale
    ….. the Lunar Embassy, the leaders in extraterrestrial real estate and the ONLY company in the world to be recognized to possess a legal basis for selling and registering extraterrestrial properties!
    Perhaps you can’t own it here….but you can, own it up there!

    2003 – the Lunar Embassy chief Mr. Hope has been named co-chairman of the Republican Congressional Business Advisory Council. He has also been given the National Republican Leadership Award and most recently he has been issued the highest honor the National Republican Congressional Committee has, the prestigious Republican Gold Medal.

What does Neil Armstrong, Buzz Aldrin and alien life forces think?
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Malthus & Population Theory Debunked

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Rev Thomas Robert Malthus (February, 1766 – December 23, 1834), was an English demographer and political economist best known for his pessimistic but highly influential views.

Malthus was born to a prosperous family. His father was a personal friend of the philosopher and sceptic David Hume and an acquaintance of Jean-Jacques Rousseau. The young Malthus was educated at home until his admission to Jesus College, Cambridge in 1784. There he studied many subjects and took prizes in English declamation, Latin and Greek. His principal subject was mathematics. He earned a masters degree in 1791 and was elected a fellow of Jesus College two years later. In 1797, he was ordained and became an Anglican country parson.

In An Essay on the Principle of Population, published in 1798, Malthus predicted population would outrun food supply, leading to a decrease in food per person.

This prediction was based on the idea that population if unchecked increases at a “Exponential rate” (i.e. 2, 4, 8, 16, 32, 64, 128, etc.) whereas the food supply grows at an “Arithmetic” rate (i.e. 1, 2, 3, 4, 5, 6, 7, etc.) (See Malthusian catastrophe for more information.) Only misery, moral restraint and vice (which for Malthus included contraception) could check excessive population growth. Malthus favoured “moral restraint” (including late marriage and sexual abstinence) as a check on population growth. However, it is worth noting that Malthus proposed this only for the working and poor classes. Thus, the lower social classes took a great deal of responsibility for societal ills, according to his theory. Essentially what this resulted in was the promotion of legislation which degenerated the conditions of the poor in England.

The foregoing is all taken from “Wikipedia, the free encyclopedia.htm” – An Essay on the Principle of Population. Ch 1

The different modes which nature takes to prevent or repress a redundant population, do not appear, indeed, to us so certain and regular; but though we cannot always predict the mode, we may with certainty predict the fact. If the proportion of births to deaths for a few years, indicate an increase of numbers much beyond the proportional increased or acquired produce of the country, we may be perfectly certain, that unless an emigration takes place, the deaths will shortly exceed the births; and that the increase that had taken place for a few years cannot be the real average increase of the population of the country. Were there no other depopulating causes, every country would, without doubt, be subject to periodical pestilences or famine.

“…the Malthusian doctrine, that population tends to increase faster than subsistence. Examination, however, shows that this doctrine has no real support either in fact or in analogy, and that when brought to a decisive test it is utterly disproved”
H .George. Progress & Poverty (Preface 1880ed)

“The current doctrine as to the derivation and law of wages finds its strongest support in a doctrine as generally accepted—the doctrine to which Malthus has given his name—that population naturally tends to increase faster than subsistence. These two doctrines, fitting in with each other, frame the answer which the current political economy gives to the great problem we are endeavoring to solve.”

H. George, Progress & Poverty Bk II, Population and Subsistance.

It is evident from the above sources that the Malthusian theory “that population tends to increase faster than subsistence” was used to blame the poor for their own condition. A very prevalent argument used today by politicians and others who advocate that nature is tardy and has not provided adequately for her offspring: Which is what George objected to and showed how it was wrong.
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Anatomy of the GFC

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Date: Thursday July 23rd
Time: 6.30pm
Venue: Frank Halkyard Library, 1/27 Hardware Lane, Melbourne
Speaker: Bryan Kavanagh, Research Associate, LVRG

Few predicted the GFC, but Bryan Kavanagh did way back in 2001. Greenshoots? How bad WILL the Global Financial Crisis be? Why did our economists fail us? What’s the future of real estate? Come and hear Bryan Kavanagh dissect “The Anatomy of the Global Financial Crisis” and explain where it all went wrong.

Kavanagh, a valuer who worked in the Australian Taxation Office and the Commonwealth Bank before co-founding his own valuation practice in 1997, has the runs on the board. He forecast the GFC in the British journal “Geophilos” in 2001, and published a study of Australia’s real estate cycles, “Unlocking the Riches of Oz”, in 2007.

Come and hear Kavanagh’s latest interpretations in the warm atmospheres of our Hardware Lane abode.

RSVP appreciated
Gold coin donation to cover drinks and nibbles