For those who are interested in economics from a policy standpoint, here is a fresh new perspective on the issues that plague many countries (and will continue to). By focusing on land as a factor of production, gain fresh insights into the causes of lower purchasing power and a rising cost of living.

In classical economics, there are 3 factors of production: land, labor, and capital. Over the years this has been disguised, as many modern economists grouped land under capital, hiding the importance of land.

What makes land unique?

What are the policy implications of land's unique attributes?

Why do gains from recent economic booms seem to mostly accrue to land owners?

What can be done to rebalance the economy away from land speculation and towards real production?

Why do consumer prices seem to rise while wages stagnate?

Who are the New Physiocrats?

How can the lessons from land, and in turn Physiocracy & Georgism, be used in an economic policy platform?

These are some of the questions this course begins to answer. For those of you who are new to economics you will find the content of this course easy to digest, and those who are experienced economists will find it fascinating.

Enjoy the course, and don't hesitate to ask questions.