Summary
Phil recommends Dr. Andrew Purves’ book/presentation Boom/Boom: the Singapore Story (Shepheard-Walwyn) about how post-independence Singapore achieved growth, affordable housing, and low taxes through state ownership of land and utilities. He notes this is the way to understand land and economic rent concepts.
Key Claims
- Singapore’s success came through state land ownership and collecting economic rent, not private land speculation. — confidence: high
- Learning land economics through real-world examples (Singapore) is the most effective approach. — confidence: high