This morning I was on 2ser‘s breakfast program with Mitch Byatt discussing the proposal in my recent Conversation article that we should be increasing taxes on economic rent (unearned income). As usual with such a subject much of the interview was taken up with explaining what economic rent is. It would be good to change the name but the horse has bolted. I like the term unearned income, I think that captures it pretty well.
You can listen to the six minute podcast of the interview here.
Thanks Mitch and 2ser.