George, Henry - The science of political economy (1981)
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A reconstruction of its principles in clear and systematic form
New York, Robert Schalkenbach Foundation, 1981
Hardcover, cloth, with dustwrapper
5,7 x 8.5 x 1.9 (14,5 x 21 x 5,4 cm.) tall
Stamp on half title
Small tear in dustwrapper
This is one of most important books written by Henry George. Here George developed his theory of value and critically examined the writings of economists, past and contemporaneous in the book The Science of Political economy.
Henry George's attempt to put the political economy on a scientific basis based on thought experiments like Einstein's physics are fully elaborated in the book.
This is an ambitious book by Henry George with a lot to commend it. The Science of Political economy is littered with numerous enlightening stories from George's own life, including one where he describes what has more recently been called "paying it forward".
Albert Einstein designated George a "beautiful combination of intellectual keenness, artistic forum, and fervent love of justice". As one of the great American economists, Henry Georges economic thoughts are still relevant to American economic life, especially in building and evolving American economic foundation to knowledge based industries.
This is a book for readers who are interested in an articulate and interesting discussion of public issues which remain relevant to us today.
Henry George (September 2, 1839 - October 29, 1897) was an American political economist, journalist, and philosopher. George is famous for popularizing the idea that land/resource rents be captured for public use or shared, in lieu of harmful taxes on labor and productive investment. The philosophy and reform movement were known in George's time as 'Single-Tax'. His immensely popular writing is credited with sparking several reform movements of the Progressive Era and ultimately inspiring the broad economic philosophy that is today often referred to as Georgism, the main tenet of which is that people legitimately own value they fairly create, but that natural resources and common opportunities, most importantly the value of land or location, are rightfully owned in common by individuals in a community, rather than titleholders. His most famous work, Progress and Poverty (1879), sold millions of copies worldwide, probably more than any other American book before that time. The treatise investigates the paradox of increasing inequality and poverty amid economic and technological progress, the cyclic nature of industrialized economies, and the use of extensive land value tax as a remedy for these and other social problems.
Book belonged originally to the Grondvest Foundation Arnhem . Please google.
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