CENTER FOR STUDY OF ECONOMICS

Rating: 4.93 stars   29 reviews

Issues:

Location: 1518 Walnut St Ste 604 Philadelphia PA 19102 USA

Mission:
2011 Top-Rated Nonprofit
Write a Review

More Info

EIN 25-1384471
Invite people to share their experience with this nonprofit!

Promote This Nonprofit

GreatNonprofits badges allow you to raise awareness of your favorite nonprofits on your own web sites!

Review this charity on
GreatNonprofits

Community Reviews

Rating: 5 stars  

The Center for the Study of Economics is definitely an organization where so few do so much for so many. The average citizen benefits continually from the tax reforms that CSE assists in accomplishing by way of the Land Value Tax, which to my mind is really a user fee for natural resources. As a government revenue source, this user fee is the best way to eliminate the diseconomies of income, sales, improvement, and other taxes on production. It is very compatible with Smart Growth objectives for city and country, and would achieve them mostly through the change in economic incentive. That incentive is very good with its Goldie Locks effect, one cannot pick up their land and run with it to where taxes are lower. In order to reduce the relative financial burden, one has to take the land to its highest and best use at that economic location…and here comes Goldie Locks, if it is taken to a higher than best use there is a financial burden in lost profit for a business poorly located or the extra cost transportation and such for the home owner. This is the message along with contact information for The Center for the Study of Economics that I pass on to politicians, ecologists, teachers, et cetera that I meet here and there.

I've personally experienced the results of this organization in...

In my own interest in Social Ecology and the Libertarian party outreach to the ""left" I have done considerable research for this outreach and have seen numerous results for towns similar to the benefits of Land Value Taxation for Harrisburg PA. The concept of land use fee or natural resource fee has always come through as a good idea no matter what mental thought exercise in the flaws of nature I put to it for the test.

If I had to make changes to this organization, I would...

More funding is one help that is needed. I feel that a little broader presentation as to the benefit of tax/user fee of natural resources and not just land would help the public understand better. Linking up with other groups that user fees would help reach their goals, such as Smart Growth, Anti-Sprawl, and Family Agriculture groups could get some synergy. In Maryland a similar coalition of the Libertarians, Greens, and Contitutionalists got a better third party access to the ballot.

Was this review helpful? 
Review from Guidestar
Rating: 5 stars  

I know of no other organization that offers the passion and perspective that guides the work of the Center for the Study of Economics. Unique in the service it provides, CSE combines pragmatism with vision in its goal of helping municipalities use existing tools to achieve sustainable communities. Director Josh Vincent really cares about social and economic justice. He understands how to nurture a vibrant commercial climate while also providing affordable housing, protecting the environment, and rewarding home owners for investment in the kinds of improvements that make us all want to call the community in question “home.” Under the intelligent stewardship of Josh Vincent, CSE is unusual in its willingness to educate, to answer questions, and to guide municipalities to smart growth. The Center for the Study of Economics has the answers public servants are seeking, especially in this time of budget shortfalls. Director Vincent has responded, without charge, to all the questions I, as a volunteer member of my town’s Fiscal Resources Task Force, have asked him. I hope we are able to find a way to fund his expenses so that we can proceed with further study of our tax code.

I've personally experienced the results of this organization in...

I forwarded the questions the Fiscal Resources Task Force in Arlington, MA had about how changes in our property tax structure might be employed to stimulate smart commercial growth while also increasing the fairness of our tax code.

If I had to make changes to this organization, I would...

I wish they had a source of funding that would cover the expenses of CSE employees so that they could visit the communities they serve and directly observe areas where improvements could be made.

Was this review helpful? 
Review from Guidestar
profile
Role: Professional with expertise in this field
Rating: 5 stars  

As a long time teacher of Public Finance, I have been greatly impressed by the ability of the Center for the Study of Economics to translate the best theoretical work on how the property tax can be improved into terms that can be understood and applied in any city. Shifting the burden of the property tax off buildings and onto land is efficient and generates growth. CSE has devised ways to educate the voters about the benefits of this change and has provided civic leaders with a detailed blueprint of how to achieve it.

I've personally experienced the results of this organization in...

I have observed its success in Pennsylvania and Cuyahoga County, Ohio.

If I had to make changes to this organization, I would...

Provide it with more resources.

Was this review helpful? 
Review from Guidestar
Rating: 5 stars  

What makes the Center for the Study of Economics (CSE) special is that it addresses root causes of poverty and economic problems - and its policies are being successfully applied in about 20 jurisdictions in the U.S. so far.

CSE takes the approach that is also advocated by eight Nobel prize economists, who point out the importance of incentives in having a healthy economy, so they recognize that in most cities an important economic problem is that the tax incentives are backwards, because the kinds of taxes that fall on labor, buildings, sales, or production discourage job creation, affordable housing, and affordable products and services. Instead, in the cities that have adopted CSE's policies, they've been gradually lowering taxes on buildings and also lowering some other local taxes, and gradually moving toward just taxing the location value of land, which no person produced, so it is the only tax that is not a tax on production.

Studies show that this leads to more job creation, more affordable housing, and a healthier local economy.

I've personally experienced the results of this organization in...

I've seen the practical results of CSE's policies in the cities that are already applying them.

If I had to make changes to this organization, I would...

I would provide it with more staff and more funding, as well as finding more ways to let people know about its policies so that they can also benefit from them.

Was this review helpful? 
Review from Guidestar
Rating: 5 stars  

The Center for the Study of Economics supports the concept of land value taxation, the only effective tax system that can restore healthy community economies. Many towns are plagued with abandoned and run-down buildings that pay little to no taxes. This decreases the overall value of the area. If these properties were taxed according to the land value, owners would either make improvements or sell the properties to someone who will utilize them to their full potential. It is the land that is taxed according to its value rather than taxing owners for the hard work and cost of making improvements to their properties.

I've personally experienced the results of this organization in...

We in Butler, PA, would greatly benefit from LVT because the area is suffering economically, and there is no incentive for people to make improvements for the town. Josh Vincent came to talk to the Butler City Counsel, and they showed some interest, but have not yet acted on it.

If I had to make changes to this organization, I would...

I would give them $5000 if I had it so they could continue this great work.

Was this review helpful? 
Review from Guidestar
Rating: 4 stars  

The Center for the Study of Economics keeps the flame of liberty, prosperity and possibility alive for American cities. There have been countless times when, needing advice or help, the Center met my needs, always with good humor and genuine interest. I have worked with the Center for over thirty years and the folks who have staffed up the organization over that period have never wavered in thier mission or their work ethic.
This is a fine organization whose mission it is to help people like me in the trenches of urban revitalization. Their ideas and suggestions are not conventional, but, I am convinced, they are right. And - they are not right at the expense of those who may disagree with them; they seem to have respect for all those who only want the best for our cities.
I have not experienced their on-site work in my city. There has not been fertile enough ground. However, their victories in other cities have always enhanced values and improved employment. They may be the only urban advocacy group in the United States that has a 100% success record where their reforms have been enacted.
This organization is a gem, and deserves much credit for its unselfish work toward making our nation a better place to live and work.

I've personally experienced the results of this organization in...

An Enterprise Zone tax-abatement initiative in a blighted area of my city that increased the number of building permits 42% over three years and increased the monthly value of Zone permits by over 1000%.

If I had to make changes to this organization, I would...

Give it more funding.

Was this review helpful? 
Review from Guidestar
Rating: 5 stars  

As a professional community planner I know of no other tool that can be as effective in creating equitable, sustainable communities. I am also an urban designer and architect, and although the physical structure and quality of design are essential to the health of a place, the basic fairness and integrity of the economy are the bedrock.
The Center for the Study of Economics has consistently done the emperical research and the advoccy to make the right things happen to reduce destructive speculation and encourage true community improvement, revitalization and vitalization. The word, the message and the evidence must be shared, and the Center is the one organization ready to do that!

I've personally experienced the results of this organization in...

I have been following the successes of CSE for over a dozen years and have seen the effects.

If I had to make changes to this organization, I would...

Just spread the word and increase the capacity of the organization to do just that.

Was this review helpful? 
Review from Guidestar
profile
Role: Professional with expertise in this field
Rating: 5 stars  

The Center for the Study of Economics is the major Georgist organization implementing the principles of the Single Tax on a city-by-city basis. With their recent victory in Altoona, PA, where they helped lead a 10 year taxshift off of buildings and onto land, the CSE has been largely responsible for helping that city, and several other Pennsylvania cities, increase both their building and their overall prosperity. The practical effects of untaxing building (improvements) and taxing land instead, include: reducing hoarding of valuable land, increasing opportunity, providing new housing for people at all levels, and dampening land speculation - which many economists lies at the root of the current economic crisis.
The CSE's past leader and emeritus, Dr. Steven Cord, has compiled 238 studies that show land value taxation works, and works always when properly applied.
CSE's new and dynamic leader, Josh Vincent, continues the important work of his predecessor, ticking off new victories one-by-one in the northeast, creating a more prosperous and just world, and proving these two goals are not incompatible if a proper economic paradigm is applied.
For those who understand the works of America's greatest economist, Henry George, you won't find a better implementer of these time-tested principles that the Center for the Study of Economics.
- Scott Baker, President of Common Ground-NYC

I've personally experienced the results of this organization in...

our efforts toward tax and land reform in Common Ground-NYC

If I had to make changes to this organization, I would...

Make it bigger! Expand its reach here to New York City.

Was this review helpful? 
Review from Guidestar
Rating: 5 stars  

I am based in the UK and first came across the Center for Study of Economics when I visited Philadelphia for the first time in 2002.
Since then we have kept in regular contact by email and the Center has helped me on numerous projects by providing information and data. Their Director arranged for me to speak on land reform to a major conference in the USA and has also accepted my invitation to speak at a transport conference in London explaining how transport can be funded from land wealth. As a result of these contacts the UK Government is now advocating TIFs(Tax Increment Finance) as a means of funding local government infrastructure projects in the UK.

I've personally experienced the results of this organization in...

see above

If I had to make changes to this organization, I would...

Provide them with more staff and resourcces.

Was this review helpful? 
Review from Guidestar
Rating: 5 stars  

The Center for the Study of Economics is the American organization putting the principles of Henry George and Land Value Taxation into practice. CSE translates academic economics into real plans for governments and municipalities to use in changing their tax structures for the better. We see it in many of their successes throughout the United States, and their influence on international communities as well.

I've personally experienced the results of this organization in...

I work with homeless people in Philadelphia. I know how the root causes of poverty affect the least among us. I also know that the Center for the Study of Economics works to improve tax structures to create sustainable communities that offer a quality of life for all of their citizens.

If I had to make changes to this organization, I would...

None.

Was this review helpful? 
Review from Guidestar