Economics Quote by Martin Adams

“In theory, capitalism is an economic system that allows people to freely trade goods and services in a competitive free market. But since the…

— Martin Adams

“What causes recessions? Many economists talk about the need for a consumer economy, but we can't have a consumer economy if people can't afford…

— Martin Adams

“The ability of individuals to extract wealth from society by profiting from land also leads to cultural degeneration and a loss of social cohesion…

— Martin Adams

“Progressive taxes are inherently flawed in that they fund public services which are often location-dependent, thus adding to the value of owned land. Thus,…

— Martin Adams

“Our inability to share the gifts of nature causes much suffering in the world today... We mistakenly believe that a free market should allow…

— Martin Adams

“In order for our land contribution model to be complete, we have to consider two more aspects of affordable housing. First, we have to…

— Martin Adams

“Due to its inherently limited supply for each location, land obtains its value from the natural, social, and cultural wealth that exists in its…

— Martin Adams

“Markets are free when human beings have equal opportunities to influence the production and trade of desirable goods and services... Some people attain market…

— Martin Adams

“The Law of Rent demonstrates that no single human being gives land and location its overall value - its rent. Land values arise from…

— Martin Adams

“It's important to distinguish the value of raw land from the value of improvements made to land. Land values are socially generated and belong…

— Martin Adams

“Tax systems are essentially the mechanisms by which societies decide what people have to share with each other versus what they can keep for…

— Martin Adams

“Broadly speaking, there are only two ways human beings can make an income: ...by contributing to society or they can extract an income from…

— Martin Adams