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The LVTC blog, by Henry Law

The comments in the LVTC Blog are a personal view of our Hon. Secretary Henry Law and do not necessarily reflect the official policy of the Campaign.

This is a place for personal observations and comments on politics, economics, current affairs, on-going discussions on the potential for LVT to remedy some of the current ills, and the impact on Society of any of the above. 

Please read and enjoy, and feel free to respond to Henry if you have any thing you would like to add.


Ongoing spat with Tax Justice Network

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This is ongoing... please join in discussion here!

As regular readers of the LVTC website know, the Tax Justice Network (TJN) has been running a campaign against tax havens for some while now. One might have expected it to have come out in active support for LVT but they seem to have a blind spot about it. TJN takes the view that the tax system just needs to be tightened up - a bit more regulation and exchange, and all will be well. It is unwilling to accept that there is anything fundamentally wrong with the tax system itself. I posted this comment on their blog site...
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Economics a must for students in recession

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According to an article in the Guardian today, economics is a must study for students in recession. A surge in sixth-formers applying to study economics at university is being attributed to the global recession awakening a public thirst for knowledge about how the financial system works. Applications for degree courses beginning this autumn or next were up by 15% this January, according to UCAS, the Universities and Colleges Admissions Service. A spokesman for the Royal Economic Society said applications to do economics at GCSE and A-level were also up. Heaven help us.
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The life you can save

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Peter Singer, professor of bioethics at Princeton University, has written a new book about world poverty which looks set to grab wide attention. In “The Life You Can Save,” he writes, "On a planet full of so much obvious and widespread suffering... there is something deeply askew with our widely accepted views about what it is to live a good life.” I would suggest that his arguments are flawed.

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Unhappy Feast Day

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Today, 25 March, is the Feast of the Annunciation. It is also a Quarter Day, when the rent must be paid. The British Retail Consortium is calling on the property industry to end the historic practice of quarterly rents.
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Our pet theory is barking mad and will destroy employment

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A few days ago I received an email, titled "Authoring", from someone who had visited our site. It said,

"Don't bother to reply unless you really are interested in a literate piece from a former partner at PriceWaterhouseCoopers explaining why your pet theory is completely and utterly barking mad and will destroy employment."

We like a challenge. I replied that...

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Ticket touts - a lesson in economics

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The other day I was approached by a ticket tout standing in the freezing cold - it was minus ten - as I was walking past a sports event venue. Unusually, the tout was trying to buy tickets rather than sell, but either way the subject raises a lot of emotion and the touts are regarded as a despicable breed. Ticket touting was in the news again today in connection with a forthcoming series of concerts by Michael Jackson, with the reselling of tickets on the internet being referred to.
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Gold hits record against euro

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By Henry Law

We have been warning about the possibility of 1970s style inflation since last July and noted in October that the first pieces were being put in place for a Zimbabwean style hyperinflation. Subsequent actions have all been movements in the same direction. Fears about this are now being reflected in the rising demand for gold, the price of which has surged to an all-time high against the euro, sterling, and a string of Asian currencies on mounting concerns that global authorities are embarking on a "Zimbabwe-style" debasement of the international monetary system.
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