“Whenever land is bought and sold, three stakeholders automatically vie for a cut from the revenue that can be had from land: the community, the property owner, and the institutions that finance property ownership. With land-use rights, the revenue from land value increases is primarily recycled back to the community rather than captured by banks and property owners.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“While the changes that are necessary are actually simple, they're painful, and require courage and sacrifice. Living standards will decline in real terms. Citizens will have to save more and consume less. Working lives with lengthen. For many, retirement will be revert to being a luxury. Taxes and charges for government services will rise to match the cost of providing them. There has to be greater emphasis on the real economy - the creation and sale of goods and services. Financial institutions need to return to their actual role of supporting economic activity.”
― A Banquet of Consequences: Have we consumed our own future?
― A Banquet of Consequences: Have we consumed our own future?
“One way for communities to create affordable housing is for local communities to adopt land-use rights. Local governments or community land trusts would provide financing to homebuyers, who would then make land contributions on their properties in perpetuity. As a result, communities would get reimbursed for the goods and services they provide to homeowners, while property buyers would primarily become home buyers not land buyers.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“Human beings need land even more so than they need money; the monopoly of land - not the monopoly of money - is the primary driver of poverty and inequality. Once we understand that the issue is lack of affordable access to land, and therefore to community, we understand why the value of land has to be shared.”
― Land: A New Paradigm for a Thriving World
― Land: A New Paradigm for a Thriving World
“Ellington would be growing up in a culture saturated with an idea you might call the cognitive hypothesis: the belief... that success today primarily depends on cognitive skills - the kind of intelligence that gets measured on IQ tests... and that the best way to develop these skills is to practice them as much as possible, beginning as early as possible.
...But in the past decade, a disparate group of scientists have begun to produce evidence that calls into question the cognitive hypothesis. What matters most in a child's development... is whether we are able to help her develop a very different set of qualities: self-control, curiosity, conscientiousness, grit, and self-confidence. Economists refer to these as noncognitive skills, psychologists call them personality traits, and the rest of us sometimes think of them as character.”
― How Children Succeed: Grit, Curiosity, and the Hidden Power of Character
...But in the past decade, a disparate group of scientists have begun to produce evidence that calls into question the cognitive hypothesis. What matters most in a child's development... is whether we are able to help her develop a very different set of qualities: self-control, curiosity, conscientiousness, grit, and self-confidence. Economists refer to these as noncognitive skills, psychologists call them personality traits, and the rest of us sometimes think of them as character.”
― How Children Succeed: Grit, Curiosity, and the Hidden Power of Character
Adrian’s 2025 Year in Books
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