Fred Foldvary

Role & Relevance

Economist and Georgist theorist (1946–2021) — Late academic economist known for work on land value tax (LVT), business cycles, and Georgist economics. Author of The Depression of 2008 (2007), in which he predicted a real estate–driven US recession based on the 18.6-year land cycle. Taught at Santa Clara University and San Jose State University. Frequently cited in Common Wealth Canada’s LVT research content as foundational Georgist scholarship. [Source: compiled from scrumban research content + public bio, 2026-04-30]

Why He Matters for CWC/UBI Works

  • His cycle-theory work provides empirical backing for the LVT thesis: land rent capture would dampen speculative real-estate cycles
  • His writings connect Georgism to modern business-cycle analysis, a bridge CWC uses in public-facing research
  • Cited as an authority in multiple LVT explainers on commonwealth.ca

Sources

  • Scrumban tasks (extracted 2026-04-24)
  • Common Wealth Canada LVT research references