Wealth Tax – a Tax on an Entity’s Holdings of Assets A wealth tax is a tax levied on the market value of a taxpayer’s assets. It is a tax on an entity’s asset holdings. The…
Location Value Tax (LVT) The location value tax (LVT) is a more predictable method of taxing property that is based solely on the value of a parcel of land…
Institutional Economics – a Sociocultural Discipline Institutional economics is a sociocultural discipline and policy science that holds that economies can best be understood through an appreciation of history, real-world institutions, and…
Constitutional Economics – a Branch of Economics Constitutional Economics is a branch of economics that focuses on the economic analysis of a state’s constitutional law. It is an economics and constitutionalism research…
Economic Sociology – a Study of Social Effect of Various Economic Phenomena The study of the social causes and effects of various economic phenomena is known as economic sociology. Economic sociology is divided into two branches: market…
Monetization – Process of Converting Something into Money Monetization is the process of converting something into money in general. It literally means to exchange something for money. In practice, this entails converting non-revenue-generating…
Inflation Hedge An inflation hedge is an investment that is designed to protect the investor from a decrease in the purchasing power of money (hedge) (inflation). It…
Shock Therapy – In Economics Shock therapy is used to treat economic maladies such as hyperinflation, shortages, and other market-control effects in order to jump-start economic production, reduce unemployment, and…
Asset Price Inflation – an Economic Phenomenon The economic phenomenon of asset price inflation occurs when the prices of assets rise and become inflated. Low-interest rates are a common cause of higher…
Neutrality of Money – an Economic Theory Money neutrality, also known as neutral money, is an economic theory that states that changes in the money supply affect only nominal variables and not…
Options for Low-Carbon Policies can be ‘Balanced’ to Benefit both Small Businesses and Average Households According to a new study, several of the low-carbon policy solutions being deployed by governments may be harmful to households and small enterprises that are…
Inflationism – a Heterodox Economic Inflationism is a controversial economic, fiscal, or monetary policy that holds that a significant level of inflation is harmless, desirable, or even advantageous. It is…