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I completely agree with that last post's reasoning for why a pop-up city might stay empty or become another New York.

I don't see why it needs a land value tax and having one causes anything. All the things you are putting into your land value calculation cause that. Not the tax.

Now don't get me wrong. I'd love me a land value tax as it would probably mean I'd pay less for where I live. But that's it so far. Color me unconvinced otherwise.




Yep, this is a very natural way to think and why Georgist policies have not been enacted.

I'm a programmer, as most are on this website. The thing that mostly interests me is when incremental changes don't lead to global maximums. As are most who study AI and say, Agile development. When is it that prisoner's dilemmas occur?

I pay attention to things like programmers who fix the bug they introduced fix the bug at a deeper level[0], I pay attention to Simple Made Easy[1], I pay attention to the systemic effects[2].

I point out that the Land Value Tax is so simple and yet fixes so many things. It fixes an inherit problem with society at a deep level. You need to pay attention to the incentives and how they mold the eventual outcomes. Land value taxation leads to correctly aligned incentives.

[0]: https://news.ycombinator.com/item?id=28128729

[1]: https://news.ycombinator.com/item?id=4173854

[2]: https://youtu.be/PCwtsK_FhUw




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