The user of land should not be allowed to acquire rights of indefinite duration for single payments. For efficiency, for adequate revenue and for justice, every user of land should be required to make an annual payment to the local government equal to the current rental value of the land that he or she prevents others from using.
Robert SolowThe world can, in effect, get along without natural resources, so exhaustion is just an event, not a catastrophe.
Robert SolowWhy does a public discussion of economic policy so often show the abysmal ignorance of the participants?
Robert SolowThe user of land should not be allowed to acquire rights of indefinite duration for single payments. For efficiency, for adequate revenue and for justice, every user of land should be required to make an annual payment to the local government equal to the current rental value of the land that he or she prevents others from using.
Robert SolowThe fact that there is no such thing as a perfect anti-sepsis does not mean that one might as well do brain surgery in a sewer.
Robert Solow