This audio Mises Daily is narrated by Jeff Riggenbach.
]]><![CDATA[Classical Liberalism and the Single Tax on Land]]>
The famous physiocratic tenet that only land is productive must be considered bizarre and absurd. It is certainly a tremendous loss of insight compared to Cantillon, who identified land and labor as original productive factors, and entrepreneurs as the motors of the market economy, writes Murray N. Rothbard (1926–1995).