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Ricardo's Law: House Prices and the Great Tax Clawback Scam,Fred

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GBP 11.25
ApproximatelyC $19.53
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Located in: South East, United Kingdom
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eBay item number:134474512596
Last updated on May 28, 2024 03:34:25 EDTView all revisionsView all revisions

Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Book Title
Ricardo's Law: House Prices and the Great Tax Clawback Scam,Fred
ISBN
9780856832413
EAN
9780856832413
Publication Year
2006
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Ricardo's Law: House Prices and the Great Tax Clawback Scam
Item Height
234mm
Author
Fred Harrison
Publisher
Shepheard-Walwyn (Publishers) LTD
Item Width
156mm
Subject
Government, Politics
Number of Pages
320 Pages

About this product

Product Information

'...without a knowledge of [the law of rent], it is impossible to understand the effect of the progress of wealth on profits and wages, or to trace satisfactorily the influence of taxation on different classes of the community' David Ricardo. When New Labour came to power it was on a wave of enthusiasm, based on the belief that, by abandoning Clause 4 and embracing humane market economics, they could usher in a more equitable social order - Blair's 'Third Way'. After three terms in office, they failed. The reason, Harrison reveals, is a hidden flaw in the market economy, which means that governments of all parties, who rely on the present tax system, transfer money from people on the lowest incomes to asset-rich investors. This was not the intention of the designers of the Welfare State: 'progressive taxation' was supposed to equalise people's life-chances. The reality emerges as the author traces the effect of taxes used to pay for public services. The process has remained unrecognised because the transfer operates unseen through the 'invisible hand' of market forces. Harrison exposes how this works by analysing the property market. Owners of high-value homes recoup what they pay in taxes through rising property prices. Much of this increase is the result of tax-funded state spending on infrastructure and public services - good state schools, for example, can add GBP20/30,000 to house prices. Lower-income earners, living in less desirable locations, and families who rent their homes, do not share this windfall. This is why the gap between rich and poor, and rich areas and poor areas, continues to widen, defeating the best intentions of governments. This outcome is not the result of market failure, as many argue, but the failure of governance. Economists and policy-makers choose to ignore the Law of Rent, also known as Ricardo's Law after the economist who provided the first scientific explanation of how it works.

Product Identifiers

Publisher
Shepheard-Walwyn (Publishers) LTD
ISBN-13
9780856832413
eBay Product ID (ePID)
91204044

Product Key Features

Author
Fred Harrison
Publication Name
Ricardo's Law: House Prices and the Great Tax Clawback Scam
Format
Hardcover
Language
English
Subject
Government, Politics
Publication Year
2006
Type
Textbook
Number of Pages
320 Pages

Dimensions

Item Height
234mm
Item Width
156mm

Additional Product Features

Title_Author
Fred Harrison
Country/Region of Manufacture
United Kingdom

Item description from the seller

Business seller information

Value Added Tax Number:
  • GB 724 4981 18
Chiron_Media_Store

Chiron_Media_Store

99.4% positive feedback
4.0M items sold

Detailed seller ratings

Average for the last 12 months

Accurate description
4.9
Reasonable shipping cost
5.0
Shipping speed
4.9
Communication
4.9

Seller feedback (1,240,437)

s***s (196)- Feedback left by buyer.
Past month
Verified purchase
Very fairly priced. Speedy delivery in 3 days. Strong PVC packaging was used but unfortunately there was a hole in the bag and damage to the book cover as a result (minor) which may have been averted by a layer of bubble wrap or cardboard packaging on this heavy hardback book with sharp corners. This is feedback not a complaint as I appreciate using more robust packaging could result in higher prices. Would appreciate if this seller left feedback on me as a buyer please!
4***4 (448)- Feedback left by buyer.
Past month
Verified purchase
Quick delivery and carefully packaged. Book condition was as described and a nice little surprise of it being a hard back. Yet again I would advice for you to remove previous price stickers as it is disheartening to the buyer.
u***a (385)- Feedback left by buyer.
Past month
Verified purchase
Item arrived on time but will you tell seller to pack in something better than plastic bags as damade has occured as shown in transit. Royal Mail tend to not take enough care and chuck other stuff on top which causes dents etc

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