Fred E. Foldvary
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Fred E. Foldvary
Fred Emanuel Foldvary (May 11, 1946 – June 5, 2021) was a lecturer in economics at San Jose State University, California, and a research fellow at The Independent Institute. He previously taught at Santa Clara University and other colleges. He was also a commentator and senior editor for the online journal ''The Progress Report'' and an associate editor of the online journal ''Econ Journal Watch.'' He served on the board of directors for the Robert Schalkenbach Foundation. Work In his PhD dissertation (George Mason University, 1992) titled "Public Goods and Private Communities", Foldvary applied the theory of public goods and Industrial organization to refute the concept of market failure, including case studies of several types of private communities. His research interests included ethics, governance, land economics and public finance. His support of geolibertarianism (a libertarianism, libertarian ideology which embraces the Georgism, Georgist philosophy of property) and h ...
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George Mason University
George Mason University (George Mason, Mason, or GMU) is a public research university in Fairfax County, Virginia with an independent City of Fairfax, Virginia postal address in the Washington, D.C. Metropolitan Area. The university was originally founded in 1949 as a Northern Virginia regional branch of the University of Virginia. Named after Founding Father of the United States George Mason in 1959, it became an independent university in 1972. The school has since grown into the largest public university in the Commonwealth of Virginia. Mason operates four campuses in Virginia ( Fairfax, Arlington, Front Royal, and Prince William), as well as a campus in Incheon, South Korea. The flagship campus is in Fairfax. The university is classified among "R1: Doctoral Universities – Very high research activity". Two professors were awarded the Nobel Memorial Prize in Economics during their time at George Mason University: James M. Buchanan in 1986 and Vernon L. Smith in 2002. Ea ...
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Libertarianism
Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's encroachment on and violations of individual liberties; emphasizing the rule of law, pluralism, cosmopolitanism, cooperation, civil and political rights, bodily autonomy, free association, free trade, freedom of expression, freedom of choice, freedom of movement, individualism and voluntary association. Libertarians are often skeptical of or opposed to authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope of their opposition to existing economic and political systems. Various schools of Libertarian thought offer a range of views regarding the legitimate functions of state and private power, often calling for the restriction or dissolution of coercive social institutions. Different categori ...
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Land (economics)
In economics, land comprises all naturally occurring resources as well as geographic land. Examples include particular geographical locations, mineral deposits, forests, fish stocks, atmospheric quality, geostationary orbits, and portions of the electromagnetic spectrum. Supply of these resources is fixed. Factor of production Land is considered one of the three factors of production (also sometimes called the three producer goods) along with capital, and labor. Natural resources are fundamental to the production of all goods, including capital goods. While the particular role of land in the economy was extensively debated in classical economics it played a minor role in the neoclassical economics dominant in the 20th century. Income derived from ownership or control of natural resources is referred to as rent. Ownership Because no man created the land, it does not have a definite original proprietor, owner or user. As a consequence, conflicting claims on geographic l ...
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Confederations
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 of a ...
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Territorial Conflict
A territorial dispute or boundary dispute is a disagreement over the possession or control of land between two or more political entities. Context and definitions Territorial disputes are often related to the possession of natural resources such as rivers, fertile farmland, mineral or petroleum resources although the disputes can also be driven by culture, religion, and ethnic nationalism. Territorial disputes often result from vague and unclear language in a treaty that set up the original boundary. Territorial disputes are a major cause of wars and terrorism, as states often try to assert their sovereignty over a territory through invasion, and non-state entities try to influence the actions of politicians through terrorism. International law does not support the use of force by one state to annex the territory of another state. ThUN Charterstates, "All Members shall refrain in their international relations from the threat or use of force against the territorial integrity or ...
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Democracy
Democracy (From grc, δημοκρατία, dēmokratía, ''dēmos'' 'people' and ''kratos'' 'rule') is a form of government in which the people have the authority to deliberate and decide legislation (" direct democracy"), or to choose governing officials to do so ("representative democracy"). Who is considered part of "the people" and how authority is shared among or delegated by the people has changed over time and at different rates in different countries. Features of democracy often include freedom of assembly, association, property rights, freedom of religion and speech, inclusiveness and equality, citizenship, consent of the governed, voting rights, freedom from unwarranted governmental deprivation of the right to life and liberty, and minority rights. The notion of democracy has evolved over time considerably. Throughout history, one can find evidence of direct democracy, in which communities make decisions through popular assembly. Today, the dominant form of ...
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Green Tax Shift
An environmental tax, ecotax (short for ecological taxation), or green tax is a tax levied on activities which are considered to be harmful to the environment and is intended to promote environmentally friendly activities via economic incentives. A notable example is carbon tax. Such a policy can complement or avert the need for regulatory (command and control) approaches. Often, an ecotax policy proposal may attempt to maintain overall tax revenue by proportionately reducing other taxes (e.g. taxes on human labor and renewable resources); such proposals are known as a green tax shift towards ecological taxation. Ecotaxes address the failure of free markets to consider environmental impacts. Ecotaxes are examples of Pigouvian taxes, which are ''taxes that attempt to make the private parties involved feel the social burden of their actions''. An example might be philosopher Thomas Pogge's proposed Global Resources Dividend. Taxes affected Examples of taxes which could be lowere ...
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Labor Exploitation In The Chocolate Industry
Ivory Coast and Ghana, together produce nearly 60% of the world's cocoa each year. During the 2018/19 cocoa-growing season, research commissioned by the U.S Department of Labor was conducted by NORC at the University of Chicago in these two countries and found that 1.48 million children are engaged in hazardous work on cocoa farms including working with sharp tools and agricultural chemicals and carrying heavy loads. That number of children is significant, representing 43 percent of all children living in agricultural households in cocoa growing areas. During the same period cocoa production in Cote d’Ivoire and Ghana increased 62 percent while the prevalence of child labor in cocoa production among all agricultural households increased 14 percentage points. Attention on this subject has focused on West Africa, which collectively supplies 69% of the world's cocoa, and Côte d'Ivoire, supplying 35%, in particular. The 2016 Global Estimates of Child Labor indicate that one-f ...
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United States Libertarian Party
The Libertarian Party (LP) is a political party in the United States that promotes civil liberties, non-interventionism, ''laissez-faire'' capitalism, and limiting the size and scope of government. The party was conceived in August 1971 at meetings in the home of David F. Nolan in Westminster, Colorado, and was officially formed on December 11, 1971, in Colorado Springs, Colorado. The organizers of the party drew inspiration from the works and ideas of the prominent Austrian school economist, Murray Rothbard. The founding of the party was prompted in part due to concerns about the Nixon administration, the Vietnam War, conscription, and the introduction of fiat money. The party generally promotes a classical liberal platform, in contrast to the Democratic Party's modern liberalism and progressivism and the Republican Party's conservatism. Gary Johnson, the party's presidential nominee in 2012 and 2016, claims that the Libertarian Party is more culturally liberal than Demo ...
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United States House Of Representatives Elections, 2000
The 2000 United States House of Representatives elections on November 7, 2000 coincided with the election of George W. Bush as President of the United States. The Republican Party won 221 seats, while the Democratic Party won 212 and independents won two. This marked the first time since 1992 that the victorious presidential party lost seats in the House, and the first since 1988 that they lost seats in both Houses. Overall results Retirements In the November general elections, thirty incumbents did not seek re-election, either to retire or to seek other positions. Democrats Seven Democrats did not seek re-election. # : Debbie Stabenow retired to run for U.S. Senator. # : Bill Clay retired. # : Pat Danner retired. # : Ron Klink retired to run for U.S. Senator. # : Robert Weygand retired to run for U.S. Senator. # : Owen B. Pickett retired. # : Bob Wise retired to run for Governor of West Virginia. Republicans Twenty-three Republicans did not seek re-election ...
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Geolibertarian
Geolibertarianism is a political and economic ideology that integrates libertarianism with Georgism. It favors a taxation system based (as in Georgism) on income derived from land and natural resources instead of on labor, coupled with a minimalist model of government, as in libertarianism. Geolibertarians recognize the right to private ownership of land, but only if fair recompense is paid to the community for the loss of access to that land. Some geolibertarians broaden out the tax base to include resource depletion, environmental damage, and other ancillaries to land use. A succinct summary of this philosophy can be found in Thomas Paine's 1797 pamphlet ''Agrarian Justice'': "Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds". Overview Geolibertarians maintain that geographical space and raw natural resources—any ...
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Free Markets
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those fo ...
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