Our good friend Frank de Jong has set up Earthsharing Canada. Check the new look website where you can read Frank’s erudite writings like: Untax Business, Uptax Nature By Frank de Jong Well, the federal political parties are saber rattling again, threatening an election over the corporate tax cuts which will be in the upcoming budget. The Conservatives are sticking … Read More
Earth Based Economics
“When capitalism started, nature was abundant and capital was scarce; it thus made sense to reward capital above all else. Today we’re awash in capital and literally running out of nature”, Peter Barnes, Capitalism 3.0 “A commons arises whenever a given community decides that it wishes to manage a resource in a collective manner, with special regard for equitable access, … Read More
Stiglitz on America’s Economic Dystopia
Today I had the pleasure of seeing Professor Joseph Stiglitz speak on the topic of From Measuring Production to Measuring Well-Being, courtesy of the Economic Society of Australia. I became a fan of his following his timely defection from the World Bank as outlined in Greg Palast’s The Globalizer Who Came in from the Cold. I read this article in … Read More
Herman Daly – Scarcity Rents For All
photo credit: SvenDowideit Respected Ecological Economists Herman Daly writes in Modernizing Henry George: Economists have traditionally considered nature to be infinite relative to the economy, and therefore not scarce, and therefore properly priced at zero. But the biosphere is now scarce, and becoming more so every day as a result of growth of its large and dependent subsystem, the macro-economy. … Read More
What Can’t Be Hidden from Revenue
Phillipe Legrain First published in The Times as Tax land: it can’t be hidden from the Revenue Filling the gaping hole in the Government’s finances is, in George Osborne’s words, the “great national challenge of our generation”. Unwise spending cuts and tax rises could sap economic growth; unfair ones provoke political unrest; inaction a market panic. Faced with a national … Read More