Library of Economic Possibility @LEPossibility
A knowledge platform for the next economy. Now available to the public with reports on basic income, codetermination, and land value taxes. economicpossibility.org Joined January 2021-
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Library of Economic Possibility retweeted
How land value tax (a tax *cut* on buildings) creates a virtuous cycle of development, reducing the price of both land and housing. …and how it can pair with inclusionary zoning to create even more affordable housing.
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Library of Economic Possibility retweeted
You might know how land value tax could address the housing crisis, or how inclusionary zoning creates affordable housing. But something unique happens when you combine the two. A Policy Alchemy for the Housing Crisis kaseyklimes.com/notes/2023/11/…
📣 come hear the good news
📣 come hear the good news
Library of Economic Possibility retweeted
TIL Minnesota has introduced a land value tax bill. Not sure how likely it is to pass, but Minneapolis might become America's first housing utopia with LVT and a single family zoning ban.
Let 1,000 economic policy research databases bloom! If you're looking for available datasets, @lenorepalladino's list here is a great resource. If you're looking for insights about a particular policy or topic (or a combo of both), we hope our site provides a useful tool
We need more experiments, and the public agrees! x.com/JohnHolbein1/s…
We need more experiments, and the public agrees! x.com/JohnHolbein1/s…
Another basic income experiment is in the works in St Louis. 👀 x.com/saintlouismayo…
Another basic income experiment is in the works in St Louis. 👀 x.com/saintlouismayo…
Library of Economic Possibility retweeted
Is Detroit fixing to be the biggest US jurisdiction with a split rate land value tax? crainsdetroit.com/economic-devel…
One thing about the expanded child tax credit is that it seemed to work Really Well, & a huge majority of economists agreed: economicpossibility.org/insights/an-op…
One thing about the expanded child tax credit is that it seemed to work Really Well, & a huge majority of economists agreed: economicpossibility.org/insights/an-op…
Library of Economic Possibility retweeted
Census announces SPM child poverty rate of 12.4% in 2022. Context: from 1967 to 2021, the largest year-over-year increase in SPM child poverty rate was 10.7% (or 2.1 pp, 1980-1981). We now easily have a record increase in child poverty: a 139% increase (or 7.2 pp) from 2021-2022.
Census announces SPM child poverty rate of 12.4% in 2022. Context: from 1967 to 2021, the largest year-over-year increase in SPM child poverty rate was 10.7% (or 2.1 pp, 1980-1981). We now easily have a record increase in child poverty: a 139% increase (or 7.2 pp) from 2021-2022. https://t.co/eoWj8uPucV
Library of Economic Possibility retweeted
economicpossibility.org site is so cool, content so relevant. Tickles the economist, science fiction writer, info architect and knowledge management nerd in me. @LEPossibility
Split-rate tax increases development activity as measured by building permits. economicpossibility.org/insights/split…
The proportion of West German workers in firms with 500+ employees has mildly declined from 94% in the mid-nineties to 85% in 2018. economicpossibility.org/insights/the-p…
Most economists do not share the hypothetical concern that a UBI would cause high inflation. Source: the @StanfordBIL UBI research visualization. economicpossibility.org/insights/most-…
Trapezoidal income support structures (like the Earned Income Tax Credit) may fail as an economy-wide stabilizer during periods of economic recession. Authors: researchers from the @jainfamilyinst economicpossibility.org/insights/trape…
Denmark has used land value taxation since 1924. The rate ranges from 0.6 to 2.4% on the land's estimated market value, payable to local authorities/country, and the land value is revalued every two years. economicpossibility.org/insights/denma…
A tax-funded, $1,000/month UBI is modeled to raise prices by 0.56% over baseline after eight years. Authors: @GennaroZezza, @Econ_Marshall, @mnikiforos economicpossibility.org/insights/a-tax…
A revenue-neutral LVT (in a Texas municipality) would decrease average tax liabilities for single-family properties by 30%, shifting them onto commercial & industrial property classes. economicpossibility.org/insights/a-rev…
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