Country Property Tax as Share of Private Capital Stock Real Property or Land Tax Real Property or Land Taxes Deductible from Corporate Income Tax Austria 0.10% Tax on Real Property No Belgium 0.62% Tax on Real Property (a) Yes Czech Republic 0.10% Tax on Real Property Yes Denmark 0.75% Tax on Real Property […]
This Vs this What we have in this country today, then, is both anarchy (the failure of the state to enforce the laws) and, at the same time, tyranny—the enforcement of laws by the state for oppressive purposes; the criminalization of the law-abiding and innocent through exorbitant taxation, bureaucratic regulation, the invasion of privacy, […]
After Part 1, Why capitalism always needs growth to manage debt pressure, we come to part 2. Today: Wealth And Energy Consumption Are Inseparable In a prior study (Garrett, 2011), I introduced a simple economic growth model designed to be consistent with general thermodynamic laws. Unlike traditional economic models, civilization is viewed only as a […]
First question, do you really still need Facebook? Probably you don’t, but it is a decent way to stay in touch with people you have met. Everybody you meet leaves a mark on you. (Quote from a random acquaintance that I met in Luxembourg. He showed me around for one night.) Ugo Bardi thinks Facebook […]
The ability to keep your mouth shut! There are two abilities that have become almost completely unknown nowadays. First, the ability to keep your mouth shut, and second, the ability to concentrate. Today we’re only dealing with the ability to keep your mouth shut. For example, there’s this nearly 20-year-old story from a German magazine. […]
Overview of European Residential Markets, new study from Deloitte. Interesting study. Portugal much more expensive than Spain and Italy, but please be advised that such average prices can be easily skewed by outliers, e.g. super expensive Lisbon due to the Golden Visa Program. Nevertheless, an interesting overview.
© Pictures, Use policy / ToS. After being a little bit bored in Wrocław (Poland), I boarded a bus to Ukraine, Kyiv. It was cheap, something like 40-50 USD. I boarded the same day for the 26 hours bus ride. Into darkness…. Picture at night in my bus. 🙂 When I arrived I did some groceries […]
© Pictures, Use policy / ToS. The nights can be fun in Kyiv. Your cell phone will ring and you get a text message: Air raid alert – The government of Ukraine issued an alert at 1:00. Take shelter immediately. Sure, you could walk to the next metro station but nobody does… Explosions on the […]
Why capitalism always needs growth to manage debt pressure. Gail Tverberg has many ideas that we will encounter again throughout this blog series. Besides the connection between economic growth and energy, her ideas are primarily based on the realization that capitalism relies on the pre-financing of production. This pre-financing can only be funded with future […]
War is the father of all and the king of all; it proves some people gods, and some people men; it makes some people slaves and some people free. Heraclitus War and changes in society are, indeed, a great risk but also, maybe unfortunately, a great opportunity. Stage 1: The War […]