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Conservatives withdraw support for high speed railway

It was reported last week that the Conservatives have withdrawn their support for the proposed route of HST2. This is due to anxiety about of losing votes from NIMBYs in the Tory heartland, who are fearful of property blight. It is the worst of reasons since it does not go to the root of the problem and question the whole project. Nevertheless a valid point is being made, if not directly. There...

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Winston Churchill said it all better then we can

Winston Churchill made this speech in 1909. We can’t put the case better ourselves. A century on, it remains clear, concise and to the point. We would commend it to David Cameron and his team. LAND MONOPOLY is not the only monopoly, but it is by far the greatest of monopolies — it is a perpetual monopoly, and it is the mother of all other forms of monopoly.

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New web site worth visiting

HIGHLY RECOMMENDED NEW WEB SITE The International Union for Land Value Taxation has a new web site with a collection of useful reference material. The Union was founded in 1926 “to promote permanent peace and prosperity for everyone by re-establishing mankind’s natural relationship with land.”

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Get off my land

This old story was told me by Vic Blundell, who for many years ran the various Georgist groups in Vauxhall Bridge Road.A prosperous landowner is riding though his country estate. He comes across a notorious poacher with a brace of pheasants under his arm. Landowner: “You’re trespassing! Get off my land!” Poacher: “Your land? How did you get this land?”

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Great Portland Estates in Crossrail row

Great Portland Estates is taking on Transport for London in a £25m row over the development of a Crossrail station. Toby Courtauld, chief executive of the West End property specialist, said yesterday that TfL has compulsorily purchased a London property from the company at a price that is “nowhere near our valuation”. Great Portland’s 18/19 Hanover Square in London was acquired...

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Who will pay for Britain’s high speed lines?

The land values issue can crop up at almost any time in almost any context. An example that is coming to public attention concerns proposals for the construction of high speed railway lines in Britain. A government announcement is expected shortly. Does this herald a bright new future?

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Were we the first to forecast the financial collapse?

Bullseye! One of our members drew my attention to an old issue of our publication Practical Politics in which the editor, David Mills, had said that of the next slump “the seeds are being sown now”, and giving his prediction that it would occur “probably about seven years hence”. As this was in July 2002, his forecast turned out to be a bullseye hit. Is there a prize for...

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Who actually picks up the tax bill?

This discussion paper by Henry Law written in August 1992 is here published with the aim of promoting discussion about the incidence and burden of taxes. Taxes on the rental value of land have been levied by governments since time immemorial.

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What is every man’s right?

The Right of Public Access We rely on the Right of Public Access whenever we go out in the countryside – whether it is to take a walk, go kayaking, climb a mountain or just sit down on a rock to think. The Right of Public Access is a unique institution. It gives us all the freedom to roam the countryside. But we must also take care of nature and wildlife, and we must show consideration for...

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