Frank de Jong explains Economic Rent

Frank de Jong, a member of Canada’s Green Party was on a radio show trying to explain “Economic Rent” to a radio host.  I like his approach.  Let’s tax what we want people to use less of, and remove taxes from what we want people to do.

We should be taxing Economic Rent.  It is revenue without a corresponding cost of production.

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1. Time to resurrect an old idea: Economic Rent
2. Pavlina Tcherneva on “At Issue”
3. Unemployment Vs. Economic Efficiency