The death of Tiberius Gracchus, beaten by a mob in Rome https://commons.wikimedia.org/wiki/File:Mort_de_Tiberius_Gracchus.jpg
"The majority of men accept whatever is. This is what brings upon those who first raise their voices on behalf of a great truth the sneers of the powerful and the curses of the rabble, ostracism and martyrdom, the robe of derision and the crown of thorns" -Henry George
Why? Because at the moment there is no Scottish debt, there is only UK debt. However if this is implemented there will be Scottish debt, Scottish debt that must be paid in UK pounds.
The biggest issue is political. This increases debt in a currency which is currently domestic. However if independence were to occur, these bonds would be denominated in a foreign currency.
That would make independence just a little bit more difficult to achieve than it already is.
An important but under-funded way to boost the amount of social housing is for councils to buy existing homes into their stock.
It pays off in rents, less benefit £ and huge wider gains, and it helped the Mayor of London achieve his housing targets. I call it Buy the Supply. 🧵
I hope you're right. But it didn't come to Ancient Rome despite the best efforts of the Gracchi brothers and their supporters.
The lesson being that however bad property rights are, they can always get worse.
You may not like it but this is what 2 high agency males look like.
Every American renter is just a temporarily embarrassed landowner
Not the whole story, is it?Where does the bank get the $$ from?
Yup!
Making it harder to buy steel and aluminum will definitely shut down *someone’s* car industry
#UBI + #LVT 🧵
Mark Carney's office opened 90% of emails our supporters sent about basic income, from liberals and non-liberals alike.
Many brought up an important idea: UBI should be a dividend from things we own in common, like natural resources and the rent of land.🧵
How to beat Trump's silly tariffs: be an economically efficient country. Relieve producers of internal tariffs, taxes on labour, production and trade, enable them to undercut the Trump tariffs. Collect the economic rents of your country instead. #abolishtaxes #sharetherents #superchargetheeconomy
THERE IS NO SUCH THING AS A “TRADE DEFICIT”—IT’S JUST CALLED “BUYING THINGS.” YOU DO NOT HAVE A TRADE DEFICIT WITH YOUR DENTIST JUST BECAUSE HE NEVER BUYS ANYTHING FROM YOU.
Harry Enten commits the cardinal sin on wage growth. No one gets taller when the short people leave the room, even though the average height rises
deanbaker22.substack.com/p/harry-ente...
1% own 70% UK land
60% UK wealth vested in land
You can't hide land in a tax haven
Tax Land!
www.labourland.org
It's wild that an entire generation of voters got bamboozled into thinking that charging a fee for polluting the atmosphere is a bad idea.
If you want real welfare reform, just do UBI. Scrap UC and its means-testing bureaucracy and replace it with a UBI system that gives every UK adult a fixed £2k a month regardless of background or circumstance. You have a majority, you can pass it, but instead you're sinking it on indefensible cuts.
The tariff shock will create an opportunity for sellers’ inflation 2.0. It functions like the pandemic cost shocks. There will be plenty of confusion on the part of consumers. Prices will rise promptly but inventories were bought at pre-tariff costs. This alone means windfalls.
Why have people lost trust in our political system?
Because it isn't fair and cowardly politicians refuse to do anything about it.
Our distribution of wealth is unfair - those with the most pay a lower proportion than those with the least.
Land Value Tax will fix that.
landvaluetax.co.uk/
“In Finland, the number of homeless people has fallen sharply. Those affected receive a small apartment & counselling with no preconditions. 4 out of 5 people affected make their way back into a stable life. And all this is CHEAPER than accepting homelessness.”
The main collateral is landed property. Correct the land market (with Land Value Tax) and you stop the cycle.
My comment on sale of Inverbroom Estate. www.theguardian.com/uk-news/2025...
Thanks @scottsantens.com
Nobel prize-winning economist Abhijit Banerjee on an ongoing 12-year UBI experiment that he's working on:
timesofindia.indiatimes.com/blogs/tastin...
Tomatoes in a grow bag on a balcony are well worth growing too!
Agreed. I've had a Kona Electric for two years now and I still love to drive it. Fun, fun, fun!
Great stuff from @brianromanchuk.bsky.social
open.substack.com/pub/bondecon...
Federal Reserve Bank of Minneapolis ran a guaranteed basic income pilot and labour supply did not decrease — it INCREASED.
"We do not find evidence that GBI payments caused recipients to reduce their labor supply. In fact…is higher among treated respondents than control respondents."
This is a thread about the results of Sam Altman's OpenResearch US (ORUS) basic income pilot that many UBI opponents claim to show UBI doesn't work. The results were actually really interesting but the op-eds and social media hot takes about them are full of lies of omission and lack of context. 🧵
Go full democracy by implementing #Sortition to replace voting by random representation. In other words pick legislators the same way that we pick juries.
