Golden Threads with Alanna Hartzok

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Renegade Economists Show 558

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
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Show Notes
Alanna Hartzok (Earth Rights Institute) joins to discuss the reform agenda in the poverty stricken Baltimore. Our typical freewheeling discussion passes by the GFC, 9/11, the UN, early Christian teachings and the need for an earth rights democracy.

Related Links
Alanna’s 2006 tour notes – check her perspective on the plight of female convicts sent to Australia for stealing bread.
Past interviews with Alanna are well worth a listen:
Full Spectrum Dominance
Foundations for a New Urban Agenda
Socialising Land Rent
Renegade Economists’ Glossary

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A solution 4 times better than the supply side diversion

Karl FitzgeraldMultimedia2 Comments

Renegade Economists Show 557

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

Show Notes
A super-sized edition of the show – celebrating 11 years on air – with a review-like interview of the 127th dinner speech with the Unspoken Alternatives to Expensive Housing report author Dr Cameron Murray. Then you get to hear the full speech with the Q&A to follow. Some controversy with the best demolition of the housing supply diversion plan ever, some BIG, big numbers that are already making waves internationally and then Cam’s out of the box plan for dirt cheap land. He pushes our thinking, but why?

Related Links
127th annual dinner transcript (listen for the full deal, but great for a recap)
The report – Unexpected Outcomes for Expensive Housing.
The report makes the UK’s most prestigous newspaper
Past interviews with Cam
I hope some of you are reading the latest Progress Magazine, highlighting why we need alternatives pronto

Renegade Economists’ Glossary

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

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Imperialism’s Point of the Sword

Karl FitzgeraldMultimedia2 Comments

Renegade Economists Show 556

As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays.
Subscribe to the weekly podcast
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Show Notes
Mason Gaffney delivers the detail on Corporate Power and US Imperialism. Hear about an article originally written in the 60’s that got him sacked, had CIA agents swirling around him but still he kept his resolve to maintain that military endeavours should not support corporate interests. If only the general public understood this story! Please read the article in full.

Related Links
Poetry: Paradigm Shift with the voice of Dr Dahlia Wasfi.

127th Annual Dinner – whats your question?
Economics in support of Environmentalism – can also be found in the Mason Gaffney Reader. A highly recommended colleciton of his best articles.
The Corruption of Economics

Renegade Economists’ Glossary

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

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Pic – alex duiven, unsplash

Hong Kong’s Caged Housing

Karl FitzgeraldMultimediaLeave a Comment

Renegade Economists Show 555

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

Show Notes
It’s time to look at Hong Kong, a nation often touted as the most economically liberated, but yet people live in caged housing. You may have seen the Vox video on this topic? Well here we discuss from our unique perspective the pathways forward, trying to stay on the middle road.

Commentary

Like many shows, I wish I had more time on this topic. It is of interest to me as in the film Real Estate 4 Ransom I highlighted HK as a place of note for its low tax system and resultant powerhouse economy. As mentioned in our recent Trickle Up Economics report, any such savings on a more efficient tax system will end up being bidded away in higher land prices.

The land sales auctions by the government should not be a one-off sale. It should be an auction for the leasehold to the land with a yearly land rent due. This land would be valued yearly. In effect the higher land valuations would result in higher leasehold payments. These would in effect tax away the speculative profits attracting so much interest. The acceleration of speculative money into real estate hot spots around the world should be recognised as a contributing factor to HK housing pressures. Hopefully the piecemeal measures announced by the govt were criticised enough for listeners to recognise that there are no short cuts to this global phenomena.

We need to urgently change our form of land tenure. Ownership = commodification = greater debts, less time for family, more vacancies, more sprawl. The solution is to move towards Custodianship of the land via a leasehold system. Land Value Taxes is the most popular (!) term to describe this. Yes it is no zinger, but it is widely respected in economists circles. The political challenge is ours to overcome.

Government would not get as much money upfront but they would be encouraged to open up more land. Revenue shortfalls (if they need any with their healthy budget surplus of HK $138bn) could be supplanted by taking advantage of the record low interest rates and selling government bonds to the market.

I fear more communities will face caged housing in the years to come as climate shifts alongside record inequality and entrenched lobbyocracy act as a perfect storm for life on earth. We need to act! I hope to meet you at our 127th annual dinner.

Related Links
Vox Border’s Caged Housing
The 127th Annual Henry George Commemorative Dinner
Six new HK housing policies
Greater transparency in HK land deals needed
HK Taxation wiki

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!

Modelling student opportunities

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Renegade Economists Show 554

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

Show Notes
Karl wades into recent state politics before 3rd year Bachelor of Business student Jack Cameron discusses his perspective on economic modelling, life with a HECS debt and the new economics movement. Karl then finishes on the further pressures young people face with buying a house during an era of policy fraud. Our 127th annual dinner is coming up with Cameron Murray on Housing Policy Fraud: An Australian story.

Related Links
Vic Labor backflips on privatisation
Road repairs PPP = roadside advertising?
Age quotes re Land Titles office
First Home Buyers lured into market
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!

unsplash-logoChris Liverani