In the Tradition of Liberty.
In the Tradition of Liberty.
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The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give. — Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations Mr. Donway has responded to the Senate’s recent failure to facilitate the selling-off of federal lands, by…
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The United States faces a housing shortage of 4 to 8 million homes. This is a crisis for the nation, driving home prices higher, pricing people out of homeownership, and driving many people out of homes entirely. Simultaneously, our federal government is in possession of over half of the 12 westernmost states and Alaska. The sale of a minute fraction of that land – less than 0.1 percent – would be enough to build over 3 million homes over the next 40 years, and 1.5 million in the next 10.…
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