I”m not sure about that as I think a lot of the land value is driven entirely by network effects related to the density of economic and social activity.
Why wouldn’t Georgism drive more “NIMBY” to keep the rents down—and so possible drive up various externalities (e.g., factories locating in low rent areas resulting in high travel for both workers and products?
[Edited to put the scare quotes in—I don’t think Georgism would be a strong driver or NIMBY activism by locals but could create the incentives to produce a pattern of activity that looks very similar. ]
I”m not sure about that as I think a lot of the land value is driven entirely by network effects related to the density of economic and social activity.
Why wouldn’t Georgism drive more “NIMBY” to keep the rents down—and so possible drive up various externalities (e.g., factories locating in low rent areas resulting in high travel for both workers and products?
[Edited to put the scare quotes in—I don’t think Georgism would be a strong driver or NIMBY activism by locals but could create the incentives to produce a pattern of activity that looks very similar. ]