Does Georgism work? Five years later

Lars Doucet reflects on his five-year-old analysis of Henry George's land value tax (LVT) theory, noting significant recent progress including LVT enablement laws passing in two U.S. states and LVT-friendly leaders elected in the UK and South Korea. George's core argument is that poverty persists despite economic progress because landowners capture gains from improved locations through rent increases, pricing out workers and middle-class families. Doucet, now working full-time for the Center for Land Economics, evaluates what he got right and wrong in his previous assessment while assessing LVT's prospects moving forward.