Great article. I admittedly skipped through some of the 20th century history to get to the present day because it was a little long but I’m glad that you did a lot of research on this. This is important information and history to get out to people and there were a lot of facts here that kind of blew my mind. Namely Thiel bringing up Georgism and laura ingalls daughter being involved in libertarianism among many others. I personally still think Georgism holds more promise today for America than almost any other economic or political idea
As noted, but you would imagine there are more straightforward ways to argue for lower capital gains taxes than to invoke 19th-century political economy.
Great article. I admittedly skipped through some of the 20th century history to get to the present day because it was a little long but I’m glad that you did a lot of research on this. This is important information and history to get out to people and there were a lot of facts here that kind of blew my mind. Namely Thiel bringing up Georgism and laura ingalls daughter being involved in libertarianism among many others. I personally still think Georgism holds more promise today for America than almost any other economic or political idea
Of course those who live off tech and capital and network rents are fine moving all taxes to land rents. Whole thing smells like brain worms.
As noted, but you would imagine there are more straightforward ways to argue for lower capital gains taxes than to invoke 19th-century political economy.
At least that's actual value creation according to a rational definition.