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Article: Henry George's ingenious tax: a contemporary restatement.(Special Issue: Commemorating the 100th Anniversary of the Death of Henry George)
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- October 1, 1997
- Author:
CopyrightCOPYRIGHT 1997 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Introduction
Henry George (1839 - 1897) left an intellectual legacy which is shrouded under a cloak of controversy. "Professional economists who focused attention on the single-tax proposal and condemned Henry George's teaching, root and branch, were hardly just to him. . . ." (Schumpeter 1954, p. 865). This essay tries to do justice to Henry George from the point of view of economic theory and many relevant practical questions that we face in 1997. The single tax proposal is looked upon from the point of view of constitutional economics, and it emphasizes the wider applicability of Henry George's basic notions.
In order to understand Henry George's central ...