Progress and Poverty
Why do we have ups and downs in the national economy? Why does poverty continue to exist while a minute number of Americans enjoy a staggering increase in their personal wealth year after year? What went wrong in a country that professes to be dedicated to the proposition that we are all created equal? As timely now as it was when it was written in 1871, Progress and Poverty is an honest and fascinating look at the financial order and the increasingly distorted distribution of income and wealth of life in America. George lays out simply and elegantly what the underlying problem is and how we might solve it. HENRY GEORGE (1839-1897) was a noted American economist and founder of the single-tax movement. He first outlined the doctrine in the pamphlet Our Land and Land Policy in 1871 and later wrote the more elaborate treatise Progress and Poverty (1879), which sold millions of copies all over the world.
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This is a, must read, for every person.
An eye opening book on economics, written at a level that any layperson can easily follow, dissecting the key points of other economic theories, and then proposing the only real solution to economic inequality.
It's a really interesting snapshot of the USA and the world of 1879, before the shift from a largely agrarian economy, to manufacturing and mass production, before telephones, radio, TV, true steam ships, internal combustion engines, massive exploitation of natural resources, and even tax as we know it today.
Despite the 130 odd years since it was published, the economic principles are exactly the same.
If you experience the 2007-2008 financial crises, you would think he had written this in response to that event, that's how relevant it remains.