Georgists know why the economic meltdown was unavoidable. It could be postponed and, to some extent, redirected, but it was inevitable as long as big profits could be anticipated from speculation in privilege including landownership.
And furthermore, we know what needs to be done to avoid the next meltdown.
But what do Georgists say should be done to facilitate the recovery from the present economic distress? I will offer my suggestion, a pragmatic approach to what’s already underway. Continue reading