By Roger Sandilands, Emeritus Professor of Economics, Strathclyde. How can the claim be justified that Rent, the product of society and nature, is about half of GDP, when the text books put it at aboutContinue Reading
Equal life chances in the Indus Valley
In this radio programme Neil MacGregor examines the great Indus Valley civilisation. 4,500 years ago a state thrived in which it appears each contributor was valued equally. https://www.bbc.co.uk/programmes/b00qb5xx The evolution of the science of economicsContinue Reading
Avoiding Scottish economic collapse after 2026
The 18 year land cycle is real. The next bust will erupt after house prices peak in 2026. Even Covid-19’s disruptions are not sufficient to delay the inevitable. Only world wars have in the pastContinue Reading
Why are MMT proponents on the wrong bandwagon?
Because were the optimum and fair public revenue stream being collected, there would be no requirement for schemes to help governments struggling with deficits. Economists Professor Roger Sandilands and Fred Harrison point out that EconomicContinue Reading
BBC rams Scotland’s plushest homes in your face
Is it really a good time for the BBC to obsess over Scotland’s plushest homes? https://bbc.co.uk/programmes/m00043v0… Renters are already enslaved to landlords with housing costs sent into the stratosphere by government-led land speculation. Now theyContinue Reading
Preparing for the next pandemic
South Korea 20,000+ tests/day at the startScotland 1,370 tests/day at the peak A country taking the threat of a pandemic seriously might have prepared for one. Like South Korea did after MERS. Scotland and theContinue Reading
Two Britneys, Professor?
A chat with Roger Sandilands, Emeritus Professor of Economics, Strathclyde, with a final comment by economist and author Fred Harrison. SLRG: We describe economic rent as the rent of land and natural resources. This EconomicsContinue Reading
How do governments cause their own social problems?
Simple really. The long project by land owners to untax land and natural resources transforms these assets into financial instruments. Competing for control of these rent-yielding assets (land speculation) increases their price many times over.Continue Reading
Scotland can choose a new start
https://www.thetimes.co.uk/article/after-the-crisis-we-need-to-create-jobs-not-a-tax-on-wealth-zxnv5qlfb SLRG’s director writes in The Times Thunderer column, 13 April 2020. After the pandemic, the last thing we need is a return to ‘business as usual’. A new start – to fund rather thanContinue Reading