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Progress and Poverty: An Inquiry in the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth... The Remedy Hardcover – December 30, 1992
- Print length599 pages
- LanguageEnglish
- PublisherRobert Schalkenbach Foundation
- Publication dateDecember 30, 1992
- Dimensions5.5 x 2 x 8.75 inches
- ISBN-10091131279X
- ISBN-13978-0911312799
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- Publisher : Robert Schalkenbach Foundation; Reprint edition (December 30, 1992)
- Language : English
- Hardcover : 599 pages
- ISBN-10 : 091131279X
- ISBN-13 : 978-0911312799
- Item Weight : 2.34 pounds
- Dimensions : 5.5 x 2 x 8.75 inches
- Best Sellers Rank: #996,661 in Books (See Top 100 in Books)
- #1,550 in Economic Conditions (Books)
- #7,245 in Investing (Books)
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He intended showing how North America could become an example to the existing countries of the time that had made colonisation such a profitable adventure to examine very closely ways and means to give all of its subjects an equal 'share-of-the-cake'.
It had far more validity at the time of writing than later when the sheer weight of economy changes with the very latest appearance of population expansion has given the rule-book a serious need for change.
RH Foster
The best book i have ever read in the subject of Political Economy.
Henry George's, contibution in the subject is monumental. Read it and you will never see the principles of political economy with the same eye ever again!!!
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George was, by trade, a journalist and worked outside the European or even the US metropolitan intellectual milieu of the time. That said he was clearly not in ignorance of it. I love the fact that he is clearly well versed in the classical economists though not in awe of them. Ricardo, Smith, Mill and others - he agrees with them mostly but takes them to task, and apart, especially Mill, carefully where he considers they have overlooked not understood or misunderstood something. Not being an Economist and writing in frontier San Francisco are only two reasons why mainstream economics seems to have ignored him. He could not and still cannot be placed in a faction, he was neither a socialist (his writings are just pre-Marx in English, though reviews of George for later editions are post Marx in translation) nor on the side of capital or the rentier class. His ideas are pro-enterprise and trade but are fresh, radical but above all practical and reach to the roots of the problems of political economy even now. Moreover the book is surprisingly PC and readable given it's age and subject matter.
Having become aware of the LVT concept and George's writings articles like the one I have just read on the BBC, [...] by Tom de Castella now irritate me. How a popular article purporting to be a trot through possible radical solutions to the (UK) housing crisis be written without at least mentioning Land Value Tax, which truly is a radical solution to that problem (and many others,) reflects poorly on BBC journalism.
This book however, reflects well on the journalist - it shames the economist. I do wonder why the Schalkenbach Foundation have not made it more widely available. Perhaps a Kindle version would be good.
A quote from the jacket,
"Men like Henry George are rare, unfortunately. One cannot imagine a more beautiful combination of intellectual keeness, artistic form, and fervent love of justice. " Albert Einstein.
You might wonder why George isn't better known, with testimonials like that and from Tolstoy and Roosevelt among others? Mason Gaffney has a good article "The Corruption of Economics" plausibly explaining why and how George has been so efficiently suppressed.
Anyone who thinks that land is no longer an important factor in the modern world needs only look at the rich lists in the UK and USA: the majority of each is taken up by people who have large investments in property companies and mining firms - companies that gain their wealth through land ownership.
Land ownership is still a great cause of inequality and economic slowdown because all labour (no matter whether it is agriculture, banking, manufacturing etc.) must be performed on land. Henry George will walk you through how this can be seen through both logical induction and empirical observation with a clarity of explanation that is extremely rare amongst political economists.
I strongly recommend this book to anyone wishing to see what the missing link in our current way of understanding the economy is.