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If land prices escalate, wages must suffer

March 31, 2018 - 09:53 -- Admin

In an interesting article in the Fairfax media today, purporting to provide the truth about declining wages in Australia, Jessica Irvine and Adam Gartrell fail to mention that David Ricardo, Adam Smith, JS Mill and Henry George had all said that land rent needs to be taxed away if wages and profits are to receive their […]