Debate Magazine

Capital, Just Capital!

Posted on the 27 March 2014 by Markwadsworth @Mark_Wadsworth
The Daily Mail gives us another two examples of how hard-pressed, hard- working home-owners can increase the value of their land and buildings: Knock down a building and get planning permission for something bigger  Get the government to spend everybody else's money on improving the railway network  Have any of these landowners actually added anything to their own "capital", i.e. the buildings and improvements on their own site? Methinks not.

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