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Classical Liberalism and the Single Tax on Land

  • Audio Mises Daily
January 6, 2011

Tags Taxes and SpendingWorld HistoryPrivate PropertyProduction Theory

The famous physiocratic tenet that only land is productive must be considered bizarre and absurd. It is certainly a tremendous loss of insight compared to Cantillon, who identified land and labor as original productive factors, and entrepreneurs as the motors of the market economy, writes Murray N. Rothbard (1926–1995).

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