On November 7, 1990, an open letter to then President of the Soviet Union Mikhail Gorbachev was published[1][2] and signed by a rank of thirty Western sources, most of whom were academics.[3][4] The contents of the letter made the argument to the Soviet head of state that while moving the economy away from a centrally planned system towards a free market mixed economy was a step forward, they warned the leader against following through with the West had done following the end of feudalism; privatising the land itself, instead opting towards a Georgist system of common ownership and the collection of public revenue through land-value taxation.[3][4] Nobel prize-winners Franco Modigliani, James Tobin, Robert Solow and William Vickrey were among the letter's signees.[2]
^Samuels, Warren J. (2003). "Why the Georgist Movement Has Not Succeeded: A Speculative Memorandum". The American Journal of Economics and Sociology. 62 (3): 583–592. doi:10.1111/1536-7150.00229. ISSN 0002-9246. JSTOR 3487812.
^ abBatt, H. William (2012). "Development and Wealth: A Georgist Perspective". American Journal of Economics and Sociology. 71 (4): 1004–1046. doi:10.1111/j.1536-7150.2012.00851.x. ISSN 0002-9246. JSTOR 41721436.
^ abFitzgerald, Karl (2007-11-01). "Letter to Gorbachev". Prosper Australia. Retrieved 2023-03-16.
^ abCite error: The named reference :3 was invoked but never defined (see the help page).
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