Does Georgism work? Five years later
The author of Astral Codex Ten, Scott Alexander, reflects on the effectiveness of Georgism, a economic theory that advocates for land value taxation, five years after adopting it in his life. He discusses the results of his experiment, including the costs and benefits of the system, and compares them to his previous financial situation. Alexander notes that Georgism has allowed him to save more money, but also has some drawbacks, such as increased paperwork and administrative costs. He concludes that Georgism may be a viable option for some people, but it's not a one-size-fits-all solution.
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