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Mike O.

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Review for Center For Study Of Economics, Philadelphia, PA, USA

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.

Role:  Board Member & As a board member, I've spoken with elected officials and candidates, about the practical effects of the policies that CSE advocates, pointing to the examples of the cities that are benefitting from those policies.