> Energy is a major direct and indirect input into the price of pretty much everything.
The other major factor, of course, being land.
While I don't expect many major economies to implement a Land Value Tax in the near term, to balance out these costs more fairly among citizens and corporations, it's worth noting that we are about to see peak population being reached in China [2025] and the EU [2026], which may have interesting macro-economic effects.
> In much of the country you can buy a square mile for a few million.
Yet in other parts of the country people pay that for 1000 square feet.
The fact that people aren't building skyscrapers or gold mines in "much of the country" doesn't mean that there isn't high demand for housing or precious metals.
I would be interested to know, for example, how much energy would cost if there were unlimited free space (with good weather and topography) for installing solar panels within easy transmission distance from all energy consumers.
In that sense, energy prices are dependent on land prices.
The other major factor, of course, being land.
While I don't expect many major economies to implement a Land Value Tax in the near term, to balance out these costs more fairly among citizens and corporations, it's worth noting that we are about to see peak population being reached in China [2025] and the EU [2026], which may have interesting macro-economic effects.
[2025] https://www.bloomberg.com/news/articles/2021-05-11/china-s-p...
[2026] https://ec.europa.eu/eurostat/statistics-explained/index.php...