Does Georgism work? Five years later

	Does Georgism work? Five years later(astralcodexten.com)
	510 points by silveraxe93 18 days ago \| 512 comments
	tl;dr: Five years after his viral ACX book review on Henry George, Lars Doucet reports that land value tax (LVT) has gained real legislative traction: Virginia and Kentucky passed LVT enablement laws in 2024, and LVT-friendly leaders were elected in the UK and South Korea. He revisits his three original arguments—land's economic significance, tax incidence, and assessment feasibility—updating them with new evidence (notably South Korea's national land valuation system) and lessons learned running the Center for Land Economics, arguing the real path forward is boring implementation work with receptive local officials rather than winning online debates.
	HN Discussion: ↑Focus efforts on receptive local officials rather than online debates or hostile jurisdictions ↑Real-world examples like Christchurch parking lots demonstrate the perverse incentives LVT would fix ↑LVT is the fairest tax as it counters rent-seeking from passive landowners ~Curious supporter raising concerns about second-order dynamics like accelerated gentrification cycles ↓Questions core LVT assumptions like land inelasticity or suggests simpler alternatives like Singapore's leasehold model