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Whither Land Value Taxation in the UK?

If land value taxation (LVT) and the ideas of Henry George are to be promoted, it needs supporters who are familiar with the underlying philosophy and theory. That means they will have gone through the School of Economic Science (SES) economics course. Otherwise their grasp of the subject is always shaky and they are vulnerable to being out-argued or talked into conceding compromises unnecessarily. Whatever one thinks about SES, and I have my reservations, there is nowhere else teaching economics soundly. The principal organisation for the promotion of the ideas of Henry George in the UK, the Henry George Foundation , appears to be at long last in reliable hands. Subject to the limitations of that organisation as a registered charity, there appears to be no longer any reason why all the activity should not be channelled through that body, and it would probably be advantageous if other Georgist bodies were re-integrated into this mainstream. The other issue concerns the use of the term...

Big Green Machine

Steam locomotives are far from being an obsolete technology. On the night of 25/26 August this one was heading a construction train in connection with the installation of a new bridge on the Swiss railways at Thayngen. The steam engine is very popular for permanent way and works trains especially at night because it is practically silent when stationary and less obtrusive when working, which is appreciated especially by local residents. This is not the whole story either, because unlike a diesel, which is constantly idling even when stationary, no fuel is used while in standby mode. When all the sums are done, it turns out that the greater thermal efficiency of the diesel is negated by the cost of processing the fuel to make it suitable for use in an internal combustion engine, and in these standby losses. Hence it has been found that on the Swiss and Austrian mountain railways where both steam and diesel locomotives run on the same diesel fuel, the former use less as they consume noth...

What will cars be like when the oil runs out?

aptera 230 mpg electric 3-wheeled car Originally uploaded by mod*mom . The oil will not run out. It will just become more and more expensive. And will people kick the car habit when that happens? Not if they can help it. What are the alternatives? Hydrocarbons are the perfect transport fuel. They come in convenient liquid form and have a high energy density. One possible substitute is hydrogen. It can be converted into electricity using a fuel cell, with the cars driven by electric motors or it can be used in an ordinary internal combustion engine, suitably adapted. But fuel cells are likely to be expensive, since they use rare metals such as platinum. And hydrogen is difficult to store and handle, as it does not liquify except at very low temperatures, which makes it awkward and potentially dangerous to deal with. The biggest objection, however, is that energy is needed to manufacture hydrogen. As it does not occur naturally, it is not an energy source but simply a means of storing e...

Eurostar woes

This is a reminder of what the new Eurostar terminal at St Pancras looked like in 1960. Five billion pounds have been spent and now the train takes only 2 hours 20 minutes to get from London to Paris. But if you make the journey, you need to allow at least 45 minutes for all the messing around beforehand. This is due to the security arrangements which are still bad in London and even worse at Gare du Nord in Paris. Passengers and luggage are screened for metal objects. Luggage goes on a conveyor belt through a tunnel with some kind of detector, which is unproblematic. At St Pancras, shallow plastic trays are provided for small objects like mobile phones, keys and cameras, and they go on the conveyor belt too. But nobody has thought about providing tables or shelving where passengers can put their things in the trays before they are screened, and back in their pockets afterwards. Passengers themselves then walk through a metal detector. If you have anything left in your pocket, it will ...

Government computer bungle

This week's Inland Revenue computer bungle is beyond belief. Why do the government's departments not have access to each others' data over a secure computer network? But if there really is no alternative to sending data out on discs by post, why was it not encrypted with a unique encryption key sent separately to the recipient? Any teenage hacker would know how to do it so why is this not standard practice in government departments? Perhaps this is the explanation. In British culture, anyone who knows about science and technology is dismissed as a nerd. This has always been the case. At the root of the problem is the idea that the highest form of life is to be a country gentleman landowner with an income ie to be a parasite. This goes back to the days of agricultural enclosures and the slave trade. When the present generation of senior politicians and civil service mandarins were at university in the 1950s and 1960s, most of them studying at Oxbridge, the science students w...

St Vincent de Paul

Soup runs have come under criticism recently for encouraging dependency and ignoring people's real problems. I would not like to comment on this as the circumstances in which people accept what is given out by soup runs is so varied. One can envisage lonely people just going there for the company. There has been one on the seafront at Brighton for many years, run under the auspices of the Society of St Vincent de Paul. People from our parish go out every evening in all weathers to hand out soup and sandwiches to people, mostly young men, who live in the city. One of the stalwarts was Ann Roberts, who died last year, and the picture shows the dedication of a bench that was placed on the spot in her memory. Who was St Vincent de Paul? There is plenty of information on him: in short, he came from a peasant family and became a priest in the French court in the middle of the seventeenth century. At that time, the courtiers' wives lived pointless and extravagant lives, and he urged ...

Freemasons and Catholics

Catholics are not allowed to become Freemasons. My father was a Freemason for many years and rose to become Worshipful Master of his lodge. He suggested that I might like to join, but, being forbidden to do so, I declined. It is sometimes suggested that the Freemasons are plotting to destroy the Catholic church. The subject came up for discussion the other day, as it does from time to time, and the case of Cardinal Bugnini is sometimes cited. Bugnini, an alleged Freemason, was the principal architect of the revised Catholic liturgy, which seems to have done the Catholic church no good at all. Never having been associated with Freemasonry, I know little about it apart from what has been published by Freemasons themselves. It has been described by one as "a system of morality taught by role-playing in small-scale allegorical theatrics, with the addition of lectures and catechisms to which the candidate gives set answers to set questions." Freemasonry has a mythic origin claimin...

Does Britain really need more high speed railway lines?

I will be travelling on the new high speed Eurostar line next week. It opens on Wednesday and will knock 20 minutes off the journey time from London to Paris, which means I can have a later start and still catch my connection. It will be quite useful for me as I use the Eurostar service once or twice a year. The opening of the line, called HST1, prompted an article in Rail magazine (7 November) by the expert Jim Steer, arguing that there is a need for more high speed lines in Britain. What he says is unconvincing, and I drafted the letter below, but had to shorten it to 250 words before I sent it off, so here is the thing in full. _____________________________________________ It is natural that the opening of the new high speed line will have whetted people's appetite for more. But the case for more high speed lines does not follow from Jim Steer's analysis. Continental TGV lines have mostly utilised existing routes into city centres. But Jim Steer's article refers to the l...

New taxes will hurt small firms that try to go green

Energy Saving Originally uploaded by Neil101 . Small businesses that want to do their bit for the environment face higher tax bills. An article in today's Independent on Sunday states... "The Conservatives have warned that SMEs that want to tackle climate change and install green energy technology will face a hike in their tax charges. "The Valuation Office Agency (VOA), an arm of Inland Revenue, is preparing to tax solar panels, wind turbines and micro-generation technology with higher business rates and council tax. This follows news that Gordon Brown is set to abandon Tony Blair's targets on renewable energy. "The small print of last month's pre-Budget report revealed that "the installation of micro-generation equipment in business premises can trigger an increased liability for business rates". "Parliamentary Questions have also revealed that green energy measures will result in higher council tax bills. Such measures can push a home into...

Shome mishtake shomewhere?

The house a couple of doors away is for sale. They are asking £390,000. They would certainly get £360,000 so they are obviously trying it on a bit, but I don't blame the owners for that and they will have to find somewhere else. They have probably realised the schools round here are no good. Twenty five years ago the price of the house would have been about £30,000. Of course it is not the house that has gone up in value but the land it is standing on. The government claims to be concerned about the shortage of affordable "homes" and is proposing to allow the building of hundreds of thousands of new houses. But this morning, a commentator on the radio was saying that there is a risk of house prices falling as this would have all sorts of dire effects. Of which, presumably making houses more affordable is one of the dire effects. And so this commentator suggested that interest rates should come down to keep the prices buoyant and prevent a fall. So which is it? Are high ho...

Laptop computer failures - blame the EU?

I got a three year old IBM Thinkpad computer for a friend and it packed up after a few months. It is not entirely dead, but the fault is with the display, which sometimes works and sometimes does not. Apparently it is a widespread problem both with Thinkpads and Apple Mac laptops. The Graphics Processor Unit, a surface-mounted chip, becomes detached from the motherboard due to a combination of failure of the soldered joints and flexing of the motherboard. It turns out that the root cause of the problem is the use of lead-free solder, as required by the EU's Restriction of Hazardous Substances Directive , which came into force in 2003. The lead/tin alloys used in traditional solder have peculiar properties which is why they have long been used for making joints in electrical, electronic and plumbing work. The physical chemistry of this is explained here Lead is of course extremely toxic and there are problems associated with both the extraction and manufacture of lead and lead prod...

The Corruption of Banking

Towers of Mammon Originally uploaded by seadipper . Banks perform essential functions in society. They provide people with a place to leave their money. And they give credit. Farmers, for instance, need credit so that they can live between the time they plant their seeds and when the crop has been harvested and sold, when the credit is extinguished. Trouble has arisen because banks lend money for land purchase, or proxies for land purchase, and do it on the basis of using the capital value of the land as collateral for the loan. The effect of this is to stoke up land prices. And the more land prices rise, the happier the banks are to advance money, again using the land as collateral. This leads to periodic land price bubbles. Then things go bad. The real value of land it its annual rental, which is not subject to the bubble effect to anything like the same extent. Yields, as a percentage of selling prices, gradually drop, which is acceptable to investors only so long as people think t...

Latest food scare

what puts the great in great britain Originally uploaded by lomokev . Two traditional British staples, bacon and beef, are the latest food scares. It would be nice to think there was going to be some commonsense on the subject but I fear another panic response. To judge from the size of them, some people are obviously eating too much. A full English breakfast is calorie-laden, it is true, but you feel full up for hours afterwards. Too little exercise, too much beer and too many sugary soft drinks also play their part in the prevalence of fatness. And a lot of bacon is not worth eating. It oozes white stuff and smells of pigs' wee. But now we are told that bacon and beef cause cancer. The relationship is not a surprise, especially in the case of meats cured using sodium nitrite. If these foods sit inside the gut, they can fester away and produce carcinogens. So the solution is a simple one. There is not need to stop enjoying these foods now and again. But they need to be eaten as p...

Oxford - redevelopment of the Lucy factory

This was an iron foundry until about ten years ago and now they have built very expensive apartments. But what a strange thing to have this mixture of styles, part of which is meant to look like Victorian warehouses, which is not what the previous buildings looked like.

Not coming soon to a street near you

The Department for Transport has published a new 90 page document setting out long term strategy, Towards a Sustainable Transport System , which builds upon the Eddington and Stern reports published earlier this year. The topic has been sliced up into five sets of policy aims: Gross Domestic Product growth; Health and Safety; Preventing Climate Change; Quality of Life; and Social Equity. This is perhaps a reasonable way of assessing policies but it seems an odd approach to developing those policies. Achieving GDP growth has been an important target of government for many years, the assumption being that it is the only way of lifting the poor out of poverty. But there are two fallacies here. The first is to equate GDP with well-being, when experience is that some growth has a negative effect on quality of life, and present means of measurement do not attach the necessary minus sign to such "growth". The second fallacy is the assumption of the famous trickle-down effect to bri...