Dominic Frisby. A simple guide to land value tax
Why Hacker News recommends it
HN users share it as a short, accessible explainer for land value tax whenever housing, rents or inequality come up.
What it is
Comedian Dominic Frisby gives a ten-minute explanation of land value tax. He argues it would fix problems of rent-seeking and the economics of land ownership.
Recommended by 2 HN commenters across 3 different months, 2016 to 2020.
What Hacker News said
Strong rec amiga_500 · 2019-12 · on “What Is the Most Valuable Thing You Can Learn in One Hour?”
Watch this 5 times then spend ten minutes passing it on: [this video] Questions in this thread about real estate, "investing" etc. Comprehend it with the above.
Recommends branchless · 2018-08 · on “Bullshit Jobs”
Spot on. Spare time would allow us to conclude we can expunge rentiers. Here is a video on land value tax, which would fix our messed up feudal economies: [this video] Posting here as shadow banned after two posts because Hacker News hates any kind of free speech.
Recommends amiga_500 · 2019-12 · on “Is College Still Worth It? The New Calculus of Falling Returns [pdf]”
From your reply you are obviously not stuck at the "rents are the cost to the landlord + 10%". Good! Have a look at this 10 minute video: [this video]
Recommends amiga_500 · 2020-01 · on “How Much Land Does a Man Need? (1886)”
[LINK] > Tolstoy also became a dedicated advocate of Georgism, the economic philosophy of Henry George > towards the end of his life, Tolstoy become more and more occupied with the economic theory and social philosophy of Georgism. > He spoke of great admiration of Henry George, stating once that "People do not argue with the teaching of George; they simply do not know it. And it is impossible to do otherwise with his teaching, for he who becomes acquainted with it cannot but agree." Land value tax explained in 10 minutes: [this video]
Cites ZenoArrow · 2016-01 · on “Economic Inequality: The Simplified Version”
Depends on how you tax them. We could get rid of income tax and still strive towards reducing some of the issues surrounding income inequality. [this video]