Lars Doucet revisits his influential 2021 ACX book review on Georgism five years later, updating his thinking on land value tax implementation based on practical policy work and recent legislative wins in multiple states. Longer summary

Lars Doucet reflects on his influential ACX book review of Henry George's *Progress and Poverty* five years later, discussing what he's learned about land value tax (LVT) implementation, what he was right and wrong about, and the significant legislative momentum LVT has gained. He covers practical lessons from working full-time on LVT advocacy, updates on the three main objections to Georgism (whether land is economically significant, whether LVT gets passed to tenants, and whether land can be accurately assessed), and shares how South Korea provides a compelling proof-of-concept for national land valuation. The post also touches on his personal tragedy losing his son and how he came to lead the Center for Land Economics. Shorter summary

The review examines 'How Asia Works' by Joe Studwell, which proposes a three-part model for economic development based on the success of East Asian countries. Longer summary

This book review explores Joe Studwell's 'How Asia Works', which argues that successful Asian economies followed a three-part development model: land reform, state-guided industrialization with export discipline, and financial policies supporting the first two goals. The review compares successful countries like Japan, South Korea, Taiwan, and China with less successful ones like Malaysia, Thailand, and the Philippines. It discusses the importance of land reform, industrial policy, and financial controls in early development stages, and how these policies differ from standard free-market advice. The review also considers potential counterarguments and the book's implications for current development economics. Shorter summary