This is an introductory slide show explanation of land’s role in the business cycle.
QuoteUnemployment is unnecessary - it's economic insanity! This insanity only reveals itself in rare situations, such as a national crisis (a war or natural disaster), when suddenly the whole country can be "mysteriously" mobilised. The main reason we have unemployment is because we have a system of taxation and land tenure which encourages speculation and discourages the production of real wealth.-Karl Williams
Land Value Taxation and the Built Environment