Henry George’s Legacy in Economic Thought

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Henry George’s Legacy in Economic Thought

9781843768852 Edward Elgar Publishing
Edited by the late John Laurent, formerly, Honorary Senior Lecturer, Department of Economics and Resources Management, University of Southern Queensland, Australia
Publication Date: 2005 ISBN: 978 1 84376 885 2 Extent: 288 pp
Henry George’s Progress and Poverty sold more than 3 million copies by the time of its 50th anniversary in 1929 – outselling all other works on economics – yet today economics students can complete their courses without ever having heard of the author's name. This collection redresses this neglect, by presenting a range of perspectives on Henry George’s fertile ideas which, it is increasingly argued, merit revisiting in terms of their capacity to contribute towards solutions to current problems including runaway land values, nationalization of land, monopoly control of public assets and environmental degradation.

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Critical Acclaim
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Henry George’s Progress and Poverty sold more than 3 million copies by the time of its 50th anniversary in 1929 – outselling all other works on economics – yet today economics students can complete their courses without ever having heard of the author's name. This collection redresses this neglect, by presenting a range of perspectives on Henry George’s fertile ideas which, it is increasingly argued, merit revisiting in terms of their capacity to contribute towards solutions to current problems including runaway land values, nationalization of land, monopoly control of public assets and environmental degradation.

The book also discusses George’s significant theoretical contributions, including the ‘Henry George Theorem’ – named after him by two Nobel prize winning economists – and important insights bearing on the relation of evolutionary theory to economics. The authors also discuss George’s powerful influence on the economic development of Australia and New Zealand, and the affinity he felt for these countries is also considered.

Henry George’s Legacy in Economic Thought will appeal in particular to upper level students and scholars of the history of economic thought and the public sector but also to economists more widely.
Critical Acclaim
‘. . . well-written scholarly volume that is laden not only with George’s ideas but also provides an extensive treatment of economic thought and economic history. . . read this book and sample George’s many insights into contemporary economic issues.’
– Joseph A. Giacalone, Journal of the History of Economic Thought

‘Georgists will discover new ideas for discourse and scrutiny. . . everyone interested in the history of economic thought is likely to find something of interest in the eleven chapters in this bold book. . . This book will generate meaningful debate for some time to come.’
– Jim Horner, Journal of Economic Issues

‘It is. . . refreshing to come across a collection of essays on Henry George’s legacy in economic thought that is worth reading. . . Every good research library should own a copy of this publication.’
– Gregory Moore, History of Economics Review
Contributors
Contributors: P.D. Day, T. Dwyer, K.D. Johnson, M.F. Johnson, K. Jordan, R. Knowles, J. Laurent, E. McLaughlin-Jenkins, L.S. Moss, J. Pullen, W.J. Samuels, F. Stilwell
Contents
Contents: Part I: Historical Background 1. Introduction 2. Henry George and Darwin’s Dragon: Thomas Henry Huxley’s Response to Progress and Poverty 3. Tolstoy’s Henry George: ‘A Step on the First Rung of the Ladder. . .’ 4. Henry George: Evolutionary Economist? Part II: Theoretical Issues 5. The Duke of Argyll and Henry George: Land Ownership and Governance 6. The Henry George Theorem and the Entrepreneurial Process: Turning Henry George on his Head 7. Henry George’s Land Reform: The Distinction between Private Ownership and Private Possession Part III: Current Debates 8. The Philosophy and Feasibility of Henry George’s Land-Value Tax: Criticisms and Defences, with Particular Reference to the Problem of the Land-Rich-and-Income-Poor 9. Equal Rights, Competition and Monopoly: Henry George’s Insight into Current Debates on Regulation of Common Use Infrastructure 10. Land Tax in Australia: Principles, Problems and Policies 11. Enduring but Unacknowledged: The Georgist Inheritance in Australia Index
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