"It was Mill who popularized the idea of raising taxes on landowners only after first compensating them, thus buying the right to tax them. It was a selective scruple: neither Mill nor anyone, to my knowledge, ever proposed compensating workers, consumers, or the owners of capital before taxing them. It was something of a red herring, because it assured that net revenues would be about zero. It simply gave debaters something to chew on while precluding meaningful action."
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Academics from the United StatesNon-fiction authors from the United StatesPeople from New York CityEconomists from the United States
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Mason Gaffney
Merrill Mason Gaffney (October 18, 1923 – July 16, 2020) was an American economist and Georgist who wrote The Corruption of Economics: Neo-classical Economics as a Strategem against Henry George.
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