Hacker News new | ask | show | jobs
by belligeront 940 days ago
Relatedly, University of Chicago has a popular survey where they ask Economists their views on policy proposals (along with their confidence in their answers), and their most recent survey was on LVT:

The question: > Shifting the burden of municipal property taxes towards land and away from improvements such as buildings - as proposed in the Detroit land value tax plan - will enhance the incentives for owners to develop their land and thereby give a substantial boost to local economic growth over a ten-year horizon.

And responses: 7% Strongly Agree, 46% Agreed, 17% Uncertain, 2% Disagree,2% No opinion, 24% Did Not Answer

https://www.kentclarkcenter.org/surveys/land-value-tax/ (The link also shows the responses weighted by the responder's confidence, and the individual responses).

1 comments

One economist will give you an answer which may or may not be correct. A poll of economists sounds like a good source for /dev/random.

In a field which has notable problems with predicting the future, adding more samples may not improve matters.

Economists are simply modern-day astrologers.

Sometimes they get it right.