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Fascintating piece of history. The inspiration behind the game Monopoly was an attempt to educate people on the immoral nature of the current landownership paradigm. But interestingly, it is based on the same original classical liberal arguments that spawned free market philosophy.
There's also https://99percentinvisible.org/episode/the-landlords-game/ (via https://news.ycombinator.com/item?id=10685690 , but no discussion there)
For anyone curious about the philosophy behind this game, known variously as Georgism or Geoism, a decent review of the principle text, Progress & Poverty, was just posted on Astral Codex Ten: https://astralcodexten.substack.com/p/your-book-review-progr... (A bit long, but pretty comprehensive and hey, it's shorter than the actual book).
I'd love to see some examples of what specific laws would be implemented, what taxation would look like (in actual percentages and dollar amounts) and things like that to understand what a system could look like in action.
A tremendous amount of background on the Landlord's Game and Lizzie Maggie.
Fascintating piece of history. The inspiration behind the game Monopoly was an attempt to educate people on the immoral nature of the current landownership paradigm. But interestingly, it is based on the same original classical liberal arguments that spawned free market philosophy.
Kind of like how crypto was started as a reaction to broken financial institutions and is now being marketed as a get rich quick scheme. Sometimes we become what we set out or destroy.
I am seeing bus stop ads here in Sydney with a tagline from a BTC exchange saying something like "If you're seeing bitcoin on a billboard, it's time to buy".
Now I'm hardly an astute investor but I thought the usual rule is that if your cabbie starts talking about it, it's time to get out of the market.
For anyone curious about the philosophy behind this game, known variously as Georgism or Geoism, a decent review of the principle text, Progress & Poverty, was just posted on Astral Codex Ten: https://astralcodexten.substack.com/p/your-book-review-progr... (A bit long, but pretty comprehensive and hey, it's shorter than the actual book).
I will take a look at this. But in the past, my (meager) attempts at understanding Georgism have not been very successful. I'd love to see some examples of what specific laws would be implemented, what taxation would look like (in actual percentages and dollar amounts) and things like that to understand what a system could look like in action.
For anyone curious about the philosophy behind this game, known variously as Georgism or Geoism, a decent review of the principle text, Progress & Poverty, was just posted on Astral Codex Ten: https://astralcodexten.substack.com/p/your-book-review-progr... (A bit long, but pretty comprehensive and hey, it's shorter than the actual book).
I will take a look at this. But in the past, my (meager) attempts at understanding Georgism have not been very successful. I'd love to see some examples of what specific laws would be implemented, what taxation would look like (in actual percentages and dollar amounts) and things like that to understand what a system could look like in action.
"The set had rules for two different games, anti-monopolist and a monopolist. The anti-monopolist rules reward all during wealth creation while the monopolist rules had the goal of forming monopolies and forcing opponents out of the game. A win in the anti-monopolist or Single Tax version (later called "Prosperity"), was when the player having the lowest monetary amount has doubled his original stake."
Fascintating piece of history. The inspiration behind the game Monopoly was an attempt to educate people on the immoral nature of the current landownership paradigm. But interestingly, it is based on the same original classical liberal arguments that spawned free market philosophy.
Even Adam Smith complained about landlords though.
Earlier quoted context omitted.
Kind of like how crypto was started as a reaction to broken financial institutions and is now being marketed as a get rich quick scheme. Sometimes we become what we set out or destroy.
> marketed as a get rich quick scheme I am seeing bus stop ads here in Sydney with a tagline from a BTC exchange saying something like "If you're seeing bitcoin on a billboard, it's time to buy". Now I'm hardly an astute investor but I thought the usual rule is that if your cabbie starts talking about it, it's time to get out of the market.
I think crypto has plenty of run left. It’s still a pain to buy. When your dentist is loading up his 401k with Bitcoin ETFs, that’s going to be the peak.