An ex-banker to the Queen has urged a public inquiry to allow him to close part of Chaucer’s Pilgrims Way that runs over his estate by telling inspectors they should remember they are not in Zimbabwe or Cuba or Scotland. Timothy Steel who is the former vice chairman of the Queens investment bankers Cazenove has become embroiled in a battle with villagers over the ancient paths across the woodlands...
Join in the fun
The fun to be had is on the Guardian’s Comment is Free discussion site. Opinions are expressed from across the political spectrum. Given the government’s controversial policies, there are several debates a week on taxation and the economy. You can challenge what is said and have your comments tested in discussion.
New Left Project
I came across something called the New Left Project yesterday, which published a couple of articles under the title “Political Philosophy and the Left”.
The first of the articles was mostly about the old issue of equality of opportunity versus equality of outcome, suggesting that equality of opportunity was not enough. This one has been argued over for as long as I can remember. Why...
Free markets and safety nets
Free markets are not truly free unless land is freely available at the margin. Which is a complex idea and depends on an understanding of Ricardo’s Law of Rent. You cannot have a partially free market any more than one can be partially pregnant.
The economy is not a circus stunt
In order to show that they are not totally lacking in compassion, advocates of these “free markets”...
Anarcho-Capitalism and its fallacies
Anarcho-Capitalism is rapidly emerging as the great delusion of our time.
Rail improvements to be funded by LVT
The branch line to Swanage, now run as a working museum and cut off from the main system in 1972, is to be re-connected
to the national rail network, allowing regular services from places such as Bournemouth. Network Rail gave a consortium of local councils, rail and tourism
groups until the end of July to come up with £3m to fund signalling
improvements to allow regular trains to run. Dorset...
The basic case for LVT
The moral, ethical argument: whether there was a formal Creation or not, whether there was a Divine Creator or not, it is indisputable that the Earth was not made by Man. From this it follows that
Cui Bono?
These car ferries are free. They must cost a fortune to run. To whose benefit? Answer must be not more than one word long. Fortunately some of the value is captured by LVT but not as much as might be. The trouble is that other taxes are so high that they cut heavily into land values. The amount that can be usefully be raised is much less than would otherwise be the case. Still, you don’t...
The flaw in the Libertarian position
In a discussion set up by a Marxist apologist, a neo-Libertarian asked, ‘How is robbing Peter to pay Paul just because Paul is paid a pittance for the useless rubber ducks he make, considered “justice”? ‘
To answer this one, it is necessary to examine the assumptions behind this question.
The flaw in the Marxist position
It is necessary only to read or read about Marx to the point that one realises that he fails even to define his terms with adequate precision or to map them to the economic process. Having identified what is wrong with his fundamental assumptions, it really is not worth wading through hundreds of pages of his turgid text.