Absentee Landlord
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Absentee Landlord
In economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local economic region. The term "absentee ownership" was popularised by economist Thorstein Veblen's 1923 book of the same name, ''Absentee Ownership''. Overall, tax policy seems to favour absentee ownership. However, some jurisdictions seek to extract money from absentee owners by taxing land. Absentee ownership has sometimes put the absentee owners at risk of loss. In Ireland before 1903 Absentee landlords were a highly significant issue in the history of Ireland. During the course of 16th and 17th centuries, most of the land in Ireland was confiscated from Irish Catholic landowners during the Plantations of Ireland and granted to Scottish, Welsh and English settlers who were members of the established churches (the Church of England and the Church of Ireland at the time); in Ulster, many of the landowners were Scottish Presbyterians. ...
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Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between ratio ...
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Henry Grattan
Henry Grattan (3 July 1746 – 4 June 1820) was an Irish politician and lawyer who campaigned for legislative freedom for the Irish Parliament in the late 18th century from Britain. He was a Member of the Irish Parliament (MP) from 1775 to 1801 and a Member of Parliament (MP) in Westminster from 1805 to 1820. He has been described as a superb orator and a romantic. With generous enthusiasm he demanded that Ireland should be granted its rightful status, that of an independent nation, though he always insisted that Ireland would remain linked to Great Britain by a common crown and by sharing a common political tradition. Grattan opposed the Act of Union 1800 that merged the Kingdoms of Ireland and Great Britain, but later sat as a member of the united Parliament in London. Early life Grattan was born at Fishamble Street, Dublin, and baptised in the nearby church of St. John the Evangelist in 1746. A member of the Anglo-Irish elite of Protestant background, Grattan was the s ...
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Charlottetown Conference
The Charlottetown Conference (Canada's Conference) was held in Charlottetown, Prince Edward Island for representatives from colonies of British North America to discuss Canadian Confederation. The conference took place between September 1 through 9, 1864. The conference had been planned as a meeting of representatives from the Maritime colonies; Nova Scotia, New Brunswick and Prince Edward Island. Newfoundland agreed with the movement, but was not notified in time to take part in the proceedings. Britain encouraged a Maritime Union between these colonies, hoping that they would then become less economically and politically dependent on the Crown, and provide for greater economic and military power for the region in light of the American Civil War. However, another colony, the Province of Canada, comprising present-day Ontario and Québec, heard news of the planned conference and asked that the agenda be expanded to discuss a union that would also include them. In August 186 ...
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Rent Strike
A rent strike is a method of protest commonly employed against large landlords. In a rent strike, a group of tenants come together and agree to refuse to pay their rent ''en masse'' until a specific list of demands is met by the landlord. This can be a useful tactic of final resort for use against intransigent landlords, but carries the obvious risk of eviction and bad credit history in some cases. Historically, rent strikes have often been used in response to problems such as high rents, poor conditions in the property, or unreasonable tenancy demands; however, there have been situations where wider issues have led to such action. Notable rent strikes Europe ;Glasgow :During the Irish Land War of the 1880s and during World War I when the landlords of tenement buildings in Glasgow sought to take advantage of the influx of shipbuilders coming into the city and the absence of many local men to raise rents on the tenements' remaining residents. These women left behind were seen ...
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King George III
George III (George William Frederick; 4 June 173829 January 1820) was King of Great Britain and of Ireland from 25 October 1760 until the union of the two kingdoms on 1 January 1801, after which he was King of the United Kingdom of Great Britain and Ireland until his death in 1820. He was the longest-lived and longest-reigning king in British history. He was concurrently Duke and Prince-elector of Brunswick-Lüneburg ("Hanover") in the Holy Roman Empire before becoming King of Hanover on 12 October 1814. He was a monarch of the House of Hanover but, unlike his two predecessors, he was born in Great Britain, spoke English as his first language and never visited Hanover. George's life and reign were marked by a series of military conflicts involving his kingdoms, much of the rest of Europe, and places farther afield in Africa, the Americas and Asia. Early in his reign, Great Britain defeated France in the Seven Years' War, becoming the dominant European power in North Am ...
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Confederation
A confederation (also known as a confederacy or league) is a union of sovereign groups or states united for purposes of common action. Usually created by a treaty, confederations of states tend to be established for dealing with critical issues, such as defense, foreign relations, internal trade or currency, with the central government being required to provide support for all its members. Confederalism represents a main form of intergovernmentalism, which is defined as any form of interaction around states which takes place on the basis of sovereign independence or government. The nature of the relationship among the member states constituting a confederation varies considerably. Likewise, the relationship between the member states and the general government and the distribution of powers among them varies. Some looser confederations are similar to international organisations. Other confederations with stricter rules may resemble federal systems. Since the member states o ...
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Prince Edward Island
Prince Edward Island (PEI; ) is one of the thirteen provinces and territories of Canada. It is the smallest province in terms of land area and population, but the most densely populated. The island has several nicknames: "Garden of the Gulf", "Birthplace of Confederation" and "Cradle of Confederation". Its capital and largest city is Charlottetown. It is one of the three Maritime provinces and one of the four Atlantic provinces. Part of the traditional lands of the Miꞌkmaq, it was colonized by the French in 1604 as part of the colony of Acadia. The island was ceded to the British at the conclusion of the French and Indian War in 1763 and became part of the colony of Nova Scotia, and in 1769 the island became its own British colony. Prince Edward Island hosted the Charlottetown Conference in 1864 to discuss a union of the Maritime provinces; however, the conference became the first in a series of meetings which led to Canadian Confederation in 1867. Prince Edward Island ...
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Irish Land Acts
The Land Acts (officially Land Law (Ireland) Acts) were a series of measures to deal with the question of tenancy contracts and peasant proprietorship of land in Ireland in the nineteenth and twentieth centuries. Five such acts were introduced by the government of the United Kingdom between 1870 and 1909. Further acts were introduced by the governments of the Irish Free State after 1922 and more acts were passed for Northern Ireland. The success of the Land Acts in reducing the concentration of land ownership is indicated by the fact that in 1870, only 3% of Irish farmers owned their own land while 97% were tenants. By 1929, this ratio had been reversed with 97.4% of farmers holding their farms in freehold. However, as Michael Davitt and other Georgists had foreseen, peasant proprietorship did not cure everything that ailed the Irish countryside. Emigration and economic disadvantage continued apace, while the greatest beneficiaries of land reform were the middle class of medium f ...
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Land War
The Land War ( ga, Cogadh na Talún) was a period of agrarian agitation in rural Ireland (then wholly part of the United Kingdom) that began in 1879. It may refer specifically to the first and most intense period of agitation between 1879 and 1882, or include later outbreaks of agitation that periodically reignited until 1923, especially the 1886–1891 Plan of Campaign and the 1906–1909 Ranch War. The agitation was led by the Irish National Land League and its successors, the Irish National League and the United Irish League, and aimed to secure fair rent, free sale, and fixity of tenure for tenant farmers and ultimately peasant proprietorship of the land they worked. From 1870, various governments introduced a series of Land Acts that granted many of the activists' demands. William O'Brien played a leading role in the 1902 Land Conference to pave the way for the most advanced social legislation in Ireland since the Union, the Land Purchase (Ireland) Act 1903. Thi ...
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Irish Land League
The Irish National Land League ( Irish: ''Conradh na Talún'') was an Irish political organisation of the late 19th century which sought to help poor tenant farmers. Its primary aim was to abolish landlordism in Ireland and enable tenant farmers to own the land they worked on. The period of the Land League's agitation is known as the Land War. Historian R. F. Foster argues that in the countryside the Land League "reinforced the politicization of rural Catholic nationalist Ireland, partly by defining that identity against urbanization, landlordism, Englishness and—implicitly—Protestantism." Foster adds that about a third of the activists were Catholic priests, and Archbishop Thomas Croke was one of its most influential champions. Background Following the founding meeting of the Mayo Tenants Defence Association in Castlebar, County Mayo on 26 October 1878 the demand for ''The Land of Ireland for the people of Ireland'' was reported in the ''Connaught Telegraph'' 2 Novembe ...
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Great Irish Famine
The Great Famine ( ga, an Gorta Mór ), also known within Ireland as the Great Hunger or simply the Famine and outside Ireland as the Irish Potato Famine, was a period of starvation and disease in Ireland from 1845 to 1852 that constituted a historical social crisis which subsequently had a major impact on Irish society and history as a whole. With the most severely affected areas in the west and south of Ireland, where the Irish language was dominant, the period was contemporaneously known in Irish as , literally translated as "the bad life" (and loosely translated as "the hard times"). The worst year of the period was 1847, which became known as "Black '47".Éamon Ó Cuív – the impact and legacy of the Great Irish Famine During the Great Hunger, roughly 1 million people died and more than 1 million Irish diaspora, fled the country, causing the country's population to fall by 20–25% (in some towns falling as much as 67%) between 1841 and 1871.Carolan, MichaelÉireann's ...
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Great Famine (Ireland)
The Great Famine ( ga, an Gorta Mór ), also known within Ireland as the Great Hunger or simply the Famine and outside Ireland as the Irish Potato Famine, was a period of starvation and disease in Ireland from 1845 to 1852 that constituted a historical social crisis which subsequently had a major impact on Culture of Ireland, Irish society and History of Ireland, history as a whole. With the most severely affected areas in the west and south of Ireland, where the History of the Irish language#Nineteenth and twentieth centuries, Irish language was dominant, the period was contemporaneously known in Irish as , literally translated as "the bad life" (and loosely translated as "the hard times"). The worst year of the period was 1847, which became known as "Black '47".Éamon Ó Cuív – the impact and legacy of the Great Irish Famine During the Great Hunger, roughly 1 million people died and more than 1 million Irish diaspora, fled the country, causing the country's population to fa ...
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