Wheels of Fortune: Self-Funding Infrastructure and the Free Market Case for a Land Tax

Language: English

Published by Institute of Economic Affairs, United Kingdom, London, 2006

0255365896 / 9780255365895

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Seller: WorldofBooks, Goring-By-Sea, WS, United KingdomWorldofBooks

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It is often assumed that government intervention is required to bring to fruition large scale infrastructure projects because the large initial capital outlays such projects require must be funded from the public purse. In "Wheels of Fortune", Fred Harrison shows that large scale infrastructure projects can be made self-funding. Infrastructure projects almost always bring about a large increase in the value of adjoining land. For example, it is estimated that the London Underground Jubilee Line extension increased adjoining land values by close to GBP3 billion. When such infrastructure projects are funded by government, they therefore involve a substantial transfer of wealth from a large number of taxpayers to a small number of property owners. Harrison argues that a fairer and more efficient means to fund infrastructure projects is to capture and use the increases in land values that they bring. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.

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Title
Wheels of Fortune: Self-Funding Infrastructure and the Free Market Case for a Land Tax
Author
Fred Harrison
Publisher
Institute of Economic Affairs, United Kingdom, London
Publication year
2006
Condition
Very Good
Binding
Paperback
Language
English
ISBN 10
0255365896
ISBN 13
9780255365895
Item weight
222 grams
Dimensions
128.02 x 11.94

WorldofBooks

Goring-By-Sea, WS, United Kingdom

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AbeBooks seller since March 16, 2007

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In 2002, World of Books Group was founded on an ethos to do good, protect the planet and support charities by enabling more goods to be reused. Since then, we've grown into to a global company pioneering the circular economy. Today, we drive the circular economy through three re-commerce brands: - Wob: Through Wob, we sell. We provide affordable, preloved books and media to customers all over the world. A book leaves our collection of over seven million titles and begins a new chapter every two seconds, enabling more goods to be reused. - Ziffit: Through Ziffit, we buy. We give people around the world the opportunity to contribute to the circular economy, earn money and protect the planet, by trading their unwanted books and media. - Shopiago: Through Shopiago, we help others. By sharing the technology that has grown World of Books Group into the business it is today, we’re helping charities increase revenue and reduce waste through re-commerce.

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