The shocking true crime story of child murderers Ian Brady and Myra Hindley, Great Britain's most horrific serial killers.During the early 1960s, just as Beatlemania was exploding throughout the United Kingdom, a pair of psychopathic British killers began preying on the very young, innocent, and helpless of Greater Manchester. Between 1963 and 1965, Ian Brady and his lover and partner, Myra Hindley, were responsible for the abduction, rape, torture, and murder of fi...

The major industrial nations enter the 1990s in the midst of land booms offering riches for a few but unemployment for many. Banks in TEXAS were bankrupted by massive speculation in real estate. Even embassies had to abandon their offices because they could not afford the rents in TOKYO. In BRITAIN, the spoils from housing – the direct result of the way the land market operates – enriched owner-occupiers but crippled the flow of workers into regions where entrepreneurs wanted to invest and...

Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of the cycle, are complicit in encouraging a belief that property prices will continue upwards indefinitely because of their skilled management of the economy and attributes the current crises to public policy on both s...

To overcome the economic aftermath of Covid-19 and empower people to "build back better", our world needs a new social paradigm. That model would need to launch humanity on to a moral growth path by enabling societies to survive the looming existential crises which, Fred Harrison reveals, will converge as a result of the peak in house prices in 2026. That paradigm exists, explains the author, in the form of a financial anti-dote to what economists call "rent seeking". In testing his thesis...

This book is as relevant today as it was when it was published in 1983: we are faced with another global depression, which as it deepens, intensifies the pressure on governments and puts policy-makers in a dilemma. Every prescription has its negative: monetarism - unemployment; Keynesianism - inflation; and the planned economy - authoritarianism. This dilemma, the author argues, stems from a distortion in our understanding of how the industrial economy works, a distortion he traces back to...

Anthology containing:The Corruption of Economics by Mason Gaffney & Fred HarrisonLand and Taxation by Nicolaus TidemanA Philosophy for a Fair Society by Michael Hudson, G.J. Miller & Kris Feder

Some years ago, The Economist carried a lead editorial, ‘The puzzling failure of economics’. The frank admission was provoked by the publication of a new edition of Paul Samuelson’s Economist. The editorial concluded that it ‘is not a failure of economics, in fact, but of modern [neo-classical] economics’.The authors argue there is nothing puzzling about this failure. They document how the integrity of economics as a discipline was deliberately compromised towards the end of the 19t...

In the two and a half years since the first edition appeared (April 2005), events have unfolded as predicted. Then the consensus among forecasters was that the boom in house prices would cool to an annual 2 or 3% rise over the following years. In fact, in keeping with the ‘winner’s curse’ phase of the cycle described by the author, prices rose by more than 10% per annum in Britain. Harrison’s first book, The Power in the Land, predicted the early 1990s recession. Boom Bust, warned that inv...

With an updated introduction by Fred Harrison, Shepheard Walwyn has now published this classic book as an eBook.Economists know that the optimum conditions for private enterprise are achieved when taxes on the earned incomes of labour and capital are reduced to zero but, because neoclassical economic theory insists on treating land as capital, they dismiss the obvious alternative to taxing labour and capital – the unearned income from land.Mason Gaffney explains the importa...

The author was the first to forecast (in 1997) the events that ruptured the global economy in 2008 by applying an analysis that exposes the fault lines in the structure of the market economy. Now, he extends his analysis to the future of the West, to evaluate fears from distinguished commentators who claim that European civilisation is in danger of being eclipsed. He concludes that the West is at a dangerous tipping point and provides empirical and theoretical evidence to warrant such an a...

Presenting insights into how income and wealth are produced and distributed, this study analyzes how, despite two centuries of capital accumulation, poverty persists in rich nations. Relying on the theories of David Ricardo—a 19th-century economist credited with developing the theory of rent—a thorough presentation of the history of this economic law, from the inscriptions on the clay tablets of ancient Babylonian merchants to statistics that portray the modern economy, is provided. Presen...

Drawing on case studies of organized violence—ranging from territorial wars and colonial conquests to non-state variants such as organized crime—this record offers a general theory to account for the use of force in both the state and civil sectors of society. Challenging the popular views that the dominant forms of violence are due to failings of human nature, this volume suggests that the laws and institutions favoring an approach to property rights that encourage rent seeking are respon...