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by Fred E. Foldvary
2 There are two causes of the business cycle. One is financial and the other is real. The financial cause is the expansion of money and credit by
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The Ultimate Tax Reform: Public Revenue from Land Rent
www.foldvary.netA tax on land value has no deadweight loss. January 2006 The Ultimate Tax Reform: Public Revenue from Land Rent by Fred E. Foldvary** The U.S. tax system is widely perceived as too complex, too intrusive, and too demanding of ... property tax on the unimproved value of land, the Henry George argument of many, ...