April 17, 2018

96. Challenging the distortionary impacts of land value

Land, is of course, heavily constrained. In this podcast Phil Dobbie asks Professor Steve Keen whether enough value is placed on it and the influence it has on the broader economy. Housing speculation is an obvious example of how land values distort the economy. If it was left to pure market forces what are the damaging impacts on broader society and just how far should the government intervene?

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