Course 5: Fundamental Economics

This course will introduce the fundamentals of political economy as taught in the Henry George tradition. It will examine the laws and mechanics of wealth creation and its distribution. It will also discuss the causes of poverty and inequality and discuss venues for reform.

Instructor: Marty Rowland

Chair of the Education Committee at the Henry George School. Marty Holds a PhD in Urban Studies/Natural Resource Economics and is a licensed professional Environmental Engineer at the NYC Department of Parks as well as a recognized expert in Infrastructure Management with ASTM organization. Marty has been teaching courses at the School since 2016.

Location: 149 East 38th Street, New York, NY 10016
Time: 6:30 PM – 8:30 PM
Dates: September – October 2019
Course is 5 sessions and has a $5 registration fee. Payment or proof of payment must be provided at first session.


  • The Mechanics of Wealth Creation and its Distribution
    • Factors of Production Defined and Explained
    • Avenues of Distribution
  • Laws of Political Economy
  • Why Progress breads Poverty
    • Productivity, GDP Growth and Land Values – The Relationship examined
  • The Boom – Bust Cycle – Is there a way to tame it?
    • Causal Factors – Land Speculation and/or Credit?
  • The Remedy: Untaxing Production – Taxing Rent