If state and federal requirements for oil and gas drillers are lax, we could pay the clean-up bill — as we do for oil, gas, and mining — adding insult to injury. So why do we limit the liability of those who put people and planet at risk?
Inventors must overcome not just the unknown but also heavily invested competitors who have the cozy, backroom cooperation of politicians and bureaucrats. If politics were not a road block to progress, how far ahead could we now be?
Our normal lives are killing us sooner. We must take the politics out of techno-progress. And let’s use metro land compactly, so we can lose our addiction to cars. Ready?
Connecticut now lets some towns shift their property tax off buildings (made by humans) to land (whose site value is made by community) to reverse the Rust Belt blues. Will those towns now do it?
“One problem with medical research,” Odone said, “is that doctors think they know everything. In fact, they know very little.” A non-doctor, Odone found an oil that extended his son’s life by decades. Imagine a world that let everyone contribute, not just those in the hierarchy. It’s one big reason why economic justice matters so much.
Paying a ground rent is not the problem. Not getting a rent dividend back from your community is the problem. You help create the land’s value by your presence, and you respect the claims of others — a fair share belong to all members of society.
Patents were supposed to protect inventors, allow them to profit, but now all they seem to do is attract parasites, so they can profit instead. Perhaps we should charge full market value for patents, and end this uncivil speculation.
Tribes with low tech lost big time to newcomers with disease immunity and stronger weapons. How about if reservations enjoyed the same rights as states? What if, instead of being way out in the boonies, Indians had a city? Would it flourish?
Complexity is the enemy of equity. It helps accountants, hurts taxpayers. To get really simple and fair, replaces taxes with fees and dues and corral the worth of Earth first, a stream of wealth already ours.
Bucky Balls, an unsafe consumer product? Or is somebody an overzealous protector? And if an entrepreneur is liable, shouldn’t hers insurance pay, not herm hermself?
A Forbes contributor says an economist admired by Reagan cites the principle to follow but fails to follow it to its logical conclusion; if you’re going to tax, at least first tax what already belongs to all of us. See if that’ll be enough.
A wannabe reformer and buddy of Clinton made a popular movie about the problem but lacking the basic solution. Our brains turn to the easy, not necessarily the effective. Funny.