A knowledge platform for the next economy. Now available to the public with reports on basic income, codetermination, and land value taxes.
Joined January 2021
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1/ The Library of Economic Possibility (LEP) is now live 🥳
Our mission is to advance public knowledge of innovative economic ideas for a thriving 21st century economy.
economicpossibility.org
Library of Economic Possibility retweeted
You might know how land value tax could address the housing crisis, or how inclusionary zoning creates affordable housing.
But something unique happens when you combine the two.
A Policy Alchemy for the Housing Crisis
kaseyklimes.com/notes/2023/1…
📣 come hear the good news
The wealth of a typical American household is way up since the pandemic.
Inequality is down.
Debt-to-income ratios are falling.
Racial gaps, education gaps, urban-rural gaps, and age gaps have decreased.
noahpinion.blog/p/great-news…
🇺🇸🇺🇸🇺🇸🥳🥳🥳
Library of Economic Possibility retweeted
TIL Minnesota has introduced a land value tax bill. Not sure how likely it is to pass, but Minneapolis might become America's first housing utopia with LVT and a single family zoning ban.
Library of Economic Possibility retweeted
Let 1,000 economic policy research databases bloom! If you're looking for available datasets, @lenorepalladino's list here is a great resource.
If you're looking for insights about a particular policy or topic (or a combo of both), we hope our site provides a useful tool
This Post is from an account that no longer exists. Learn more
Let 1,000 economic policy research databases bloom! If you're looking for available datasets, @lenorepalladino's list here is a great resource.
If you're looking for insights about a particular policy or topic (or a combo of both), we hope our site provides a useful tool
This Post is from an account that no longer exists. Learn more
We need more experiments, and the public agrees! xitter.cf/JohnHolbein1/status/17…
Another basic income experiment is in the works in St Louis. 👀 xitter.cf/saintlouismayor/status…
Trusting parents like @StocktonDemo participant Tomas to make the BEST financial decisions for their kids works - period! STL Guaranteed Basic Income will give hundreds of St. Louis families the financial stability they need to grow and thrive with $500/month direct payments ⬇️
Library of Economic Possibility retweeted
Is Detroit fixing to be the biggest US jurisdiction with a split rate land value tax? crainsdetroit.com/economic-d… – at Alexandria, VA
One thing about the expanded child tax credit is that it seemed to work Really Well, & a huge majority of economists agreed: economicpossibility.org/insi…
In 2021, the expanded child tax credit pushed child poverty to the lowest rate on record.
Then it expired, & child poverty more than doubled at record pace, like removing a weight from a loaded spring.
What if we simply didn't do that?
vox.com/future-perfect/2023/…
Library of Economic Possibility retweeted
Census announces SPM child poverty rate of 12.4% in 2022. Context: from 1967 to 2021, the largest year-over-year increase in SPM child poverty rate was 10.7% (or 2.1 pp, 1980-1981). We now easily have a record increase in child poverty: a 139% increase (or 7.2 pp) from 2021-2022.
Library of Economic Possibility retweeted
economicpossibility.org/
site is so cool, content so relevant.
Tickles the economist, science fiction writer, info architect and knowledge management nerd in me.
@LEPossibility
Split-rate tax increases development activity as measured by building permits.
economicpossibility.org/insi…
The proportion of West German workers in firms with 500+ employees has mildly declined from 94% in the mid-nineties to 85% in 2018.
economicpossibility.org/insi…
Most economists do not share the hypothetical concern that a UBI would cause high inflation.
Source: the @StanfordBIL UBI research visualization.
economicpossibility.org/insi…
Trapezoidal income support structures (like the Earned Income Tax Credit) may fail as an economy-wide stabilizer during periods of economic recession.
Authors: researchers from the @jainfamilyinst
economicpossibility.org/insi…
Denmark has used land value taxation since 1924. The rate ranges from 0.6 to 2.4% on the land's estimated market value, payable to local authorities/country, and the land value is revalued every two years.
economicpossibility.org/insi…
A tax-funded, $1,000/month UBI is modeled to raise prices by 0.56% over baseline after eight years.
Authors: @GennaroZezza, @Econ_Marshall, @mnikiforos
economicpossibility.org/insi…
A revenue-neutral LVT (in a Texas municipality) would decrease average tax liabilities for single-family properties by 30%, shifting them onto commercial & industrial property classes.
economicpossibility.org/insi…