Ecological Economics, also known as Classical Political Economics, The Law of Rent, Resource Rent, or Geonomics, is a philosophy and economic theory that follows from the belief that although everyone owns what they create; land, and everything else supplied by nature, belongs equally to all humanity. Ecological Economists advocate a Single Tax, a Land Value Tax, also known as a Resource Rent.
Early Proponents included John Locke, William Penn, Benjamin Franklin, Adam Smith, Thomas Paine, Thomas Jefferson, David Ricardo, John Stuart Mill, Herbert Spencer, Leo Tolstoy, Mark Twain, Henry George, William Ogilvie, Clarence Darrow, David Lloyd George, Sun Yat-sen, Sir Winston Churchill, Walter Burley Griffin, to mention of few.