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...

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...

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...

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...

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...

Attributing the present global economic crisis to a social process of cheating, this discussion develops a synthesis of the social and natural sciences to show how the market system can be reformed to restore harmony between nature and society. It introduces the concept of organic finance, which prescribes reforms capable of delivering both sustainable growth and respect for other life forms. In addition, the book challenges the view that the West can climb out of depression by applying fi...

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. Prof. Mason Gaffney explains the importance of r...

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...

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 five young victims, ranging in age from ten to seventeen years old. The English press dubbed the grisly series of homicides "the Moors Murders," nam...

The explosive true story of America's most corrupt police unit, the Gun Trace Task Force (GTTF), which terrorized the city of Baltimore for half a decade.When Baltimore police sergeant Wayne Jenkins said he had a monster, he meant he had found a big-time drug dealer—one that he wanted to rob. This is the story of Jenkins and the Gun Trace Task Force (GTTF), a super group of dirty detectives who exploited some of America’s greatest problems: guns, drugs, toxic mascu...