[geocon]

Really? Care to tell that to the various Nobel laureate economists who have endorsed land value taxation? Do you really think you understand economics better than Paul Samuelson, Milton Friedman, Joseph Stiglitz, William Vickrey?

[klyrs]

Regardless of my vehement disagreement with GP, you're attempting an [appeal to authority](https://en.m.wikipedia.org/wiki/Argument_from_authority) which is utterly unconvincing.

[User23]

Compounded by the fact that there are no Nobel Laureate economists.

And that those supposed authorities have been teaching absolute nonsense like loanable funds.

If you want to learn about the economy, the only useful option is to look to working market participants. Some rando at the fixed income desk has forgotten more about how the economy works than those pompous frauds.

[imtringued]

Hey, I like loanable funds in a 100% reserve system with demurrage but that is not the world we live in