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ndrosenTo continue with "Theories of Rent Distribution," with Jeff Graubart and Professor Nicolaos Tideman, on July 29, Alanna Hartzok asked whether Nic Tideman had heard of the global footprint network. He had heard of it, and was interested in learning more.
There are two moral principles of Georgism, said Dr. Tideman: that people have rights to themselves, and that people have equal rights to natural resources. Therefore he considers himself to be in the Georgist tradition even if Henry George did not propose quite what he does.
Intergenerational equity: If we extract oil, for example, we should spend some of its value on capital investment to make the future better off, since the people of a later time won't have the oil.
And then came a question and answer session, about which I will report.
There are two moral principles of Georgism, said Dr. Tideman: that people have rights to themselves, and that people have equal rights to natural resources. Therefore he considers himself to be in the Georgist tradition even if Henry George did not propose quite what he does.
Intergenerational equity: If we extract oil, for example, we should spend some of its value on capital investment to make the future better off, since the people of a later time won't have the oil.
And then came a question and answer session, about which I will report.
