Post-Modern Fiscal Theory Again | 34 comments (34 topical, editorial, 0 hidden)

Re: Post-Modern Fiscal Theory Again (4.00 / 2)

You can become the richest person in the country by accumulating the most wealth and claims on wealth and by destroying the wealth of others. That is why the very rich are fond of depressions. All they have to do is lock up their wealth until they can use it to buy up on the cheap the assets of the newly bankrupt.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jul 23rd, 2013 at 12:58:19 PM EST
[ Parent ]

Re: Post-Modern Fiscal Theory Again (4.00 / 2)

You've just described the game of 'Monopoly'.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Wed Jul 24th, 2013 at 05:53:45 AM EST
[ Parent ]

Re: Post-Modern Fiscal Theory Again (4.00 / 2)

Yes, but the game of Monopoly comes to an end when that happens. I'm not sure that's what the real life winners want.....

by gk (gk (gk quattro due due sette @gmail.com)) on Wed Jul 24th, 2013 at 05:56:56 AM EST
[ Parent ]

Re: Post-Modern Fiscal Theory Again (4.00 / 2)

No, no, then land value tax is introduced :)

History of the board game Monopoly

The history of the board game Monopoly can be traced back to the early 20th century. The earliest known design was by an American, Elizabeth Magie, patented in 1904 but existing as early as 1902.[1] Magie's original intent was to publish a board game to illustrate an economic principle, namely the Georgist concept of a single land value tax.[2]

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by A swedish kind of death on Wed Jul 24th, 2013 at 07:02:26 AM EST
[ Parent ]

Re: Post-Modern Fiscal Theory Again (none / 1)

Fascinating! Too bad it would be such a legal hassle to sell an updated version that included Magie's second stage land tax and, possibly, other alternative rules. That would be subversive. Perhaps call it Monopoly Satire, as satire has some status as protected speech in the USA.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jul 24th, 2013 at 10:16:17 AM EST
[ Parent ]

The game of Monopoly (none / 0)

was a Georgist teaching tool about the land tax...

Finance is the brain [tumour] of the economy

by Carrie (migeru at eurotrib dot com) on Thu Jul 25th, 2013 at 04:52:24 AM EST
[ Parent ]

Post-Modern Fiscal Theory Again | 34 comments (34 topical, 0 editorial, 0 hidden)

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