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Author Jeffery Smith and RA “Kris” Millegan discuss Smith’s book, “Counting Bounty: The Quest to Know the Worth of Earth.” (Smith: “It wasn’t the tax that was crucial. It was returning that as dividends to people that is the key element.” Regarding a universal basic income: “Classically, the value of land is something that belongs to society [which the members of] should share in equally. America is behind the rest of the developed world in creating this extra income for everybody. But it’s pretty big in Europe. There’s a lot of discussion in Europe. But America is catching up. Now they just have to catch up in using rent to fund it.”)
By RA Kris Millegan4.1
3131 ratings
Author Jeffery Smith and RA “Kris” Millegan discuss Smith’s book, “Counting Bounty: The Quest to Know the Worth of Earth.” (Smith: “It wasn’t the tax that was crucial. It was returning that as dividends to people that is the key element.” Regarding a universal basic income: “Classically, the value of land is something that belongs to society [which the members of] should share in equally. America is behind the rest of the developed world in creating this extra income for everybody. But it’s pretty big in Europe. There’s a lot of discussion in Europe. But America is catching up. Now they just have to catch up in using rent to fund it.”)

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