Skip to content

Comment on Profit-Price Spiral: Excess Profits Fuelling Inflation, Not Wagesparent

Comments

Landlords especially. Land value (whether you're measuring by sale price or rental value) is largely a function of economic activity or the potential thereof; landlords - even when they ain't colluding with one another - are well-positioned to respond to any growth in wages or profits by jacking up rents accordingly.

Land value taxation paired with a citizens' dividend would close that hole - alongside myriad other socioeconomic benefits.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.