Understanding the Boom Bust Cycle
Session 2

2021-02-08 6:30 pm - 8:30 pm
Henry George School of Social Science
Phone:(212) 889-8020
Address: 149 East 38th Street, New York, NY 10016

UNDERSTANDING THE BOOM BUST CYCLE

Why do recessions occur in capitalist economies on a recurrent basis? Is there a single explanatory cause?

In this 5-session course on the Boom and Bust Cycle, emeritus professor of Economics Dr. Fred Foldvary investigates the link between real estate and economic downturns otherwise known as business cycles. The course will revisit Homer Hoyt’s pioneering work as well as the role of money and interest rates in causing land bubbles.

Session 1: Real estate and the business cycle

Session 2: Mason Gaffney on downturns

Session 3: Homer Hoyt and the cycle

Session 4: Money, interest, and the cycle

Session 5: American land bubbles

Instructor Bio: 
Fred Foldvary is a retired professor of economics . He received his Ph.D. in Economics from George Mason University. Foldvary’s scholarly interests include public finance, real estate economics, and social ethics. Foldvary is known for his research and publications on land value taxation, community associations, and business cycles. His books include The Soul of Liberty, Public Goods and Private Communities, Dictionary of Free-Market Economics, and The Depression of 2008. Besides his articles, Fred Foldvary has written columns for www.progress.org and is one the few economists who predicted the 2007 – 2008 financial crisis.

Dates: Mondays – 2/1, 2/8, 2/22, 3/1, 3/8
Time: 6:30PM to 8:00PM EST

5 sessions
A zoom link will be provided via email before the start of the first session.

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    Lesson two: Power over reason, from common law to degenerate feudalism.

    Lesson three: North America: Colonists, natives and exceptionalism

    Lesson four: Reason over power: The enlightenment

    Lesson five: How Marx derailed the left and saved the landed aristocracy

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    Lesson two: Marxists and monopolists attack

    Lesson three: The great debacle: income tax and the Federal Reserve

    Lesson four: Redefining the terms (Orwellian economics)

    Lesson five: Identity politics as the enemy of reform.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

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     The instructor, Dan Sullivan, is a Georgist scholar, former President of the Council of Georgist Organizations (CGO), and Director of Saving Communities, a Pennsylvania based association that promotes fiscal integrity and economic justice.

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    Lesson five: How Marx derailed the left and saved the landed aristocracy

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    Lesson three: The great debacle: income tax and the Federal Reserve

    Lesson four: Redefining the terms (Orwellian economics)

    Lesson five: Identity politics as the enemy of reform.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

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    Join us as we investigate the field of political economy with an eye to establishing the subject on a scientific foundation. This 10-lesson course divided in two parts will examine early moral and ethical teachings on land followed by a discussion of George’s contribution and legacy. We will also evaluate the responses from George’s contemporaries and beyond.

     The instructor, Dan Sullivan, is a Georgist scholar, former President of the Council of Georgist Organizations (CGO), and Director of Saving Communities, a Pennsylvania based association that promotes fiscal integrity and economic justice.

    Part one: Moral and Ethical Teachings on Land prior to George

    Dates : Part 1: Mondays: 10/18, 10/25, 11/1, 11/8, 11/15; from 6:30PM to 8:00PM

    Lesson one: Ancient and biblical teachings.

    Lesson two: Power over reason, from common law to degenerate feudalism.

    Lesson three: North America: Colonists, natives and exceptionalism

    Lesson four: Reason over power: The enlightenment

    Lesson five: How Marx derailed the left and saved the landed aristocracy

    Part two: Responses to George

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    Lesson one: George’s immediate predecessors and contemporaries

    Lesson two: Marxists and monopolists attack

    Lesson three: The great debacle: income tax and the Federal Reserve

    Lesson four: Redefining the terms (Orwellian economics)

    Lesson five: Identity politics as the enemy of reform.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.

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    THE SCIENCE OF POLITICAL ECONOMY BEFORE AND AFTER HENRY GEORGE

    Join us as we investigate the field of political economy with an eye to establishing the subject on a scientific foundation. This 10-lesson course divided in two parts will examine early moral and ethical teachings on land followed by a discussion of George’s contribution and legacy. We will also evaluate the responses from George’s contemporaries and beyond.

     The instructor, Dan Sullivan, is a Georgist scholar, former President of the Council of Georgist Organizations (CGO), and Director of Saving Communities, a Pennsylvania based association that promotes fiscal integrity and economic justice.

    Part one: Moral and Ethical Teachings on Land prior to George

    Dates : Part 1: Mondays: 10/18, 10/25, 11/1, 11/8, 11/15; from 6:30PM to 8:00PM

    Lesson one: Ancient and biblical teachings.

    Lesson two: Power over reason, from common law to degenerate feudalism.

    Lesson three: North America: Colonists, natives and exceptionalism

    Lesson four: Reason over power: The enlightenment

    Lesson five: How Marx derailed the left and saved the landed aristocracy

    Part two: Responses to George

    Dates : Mondays: 1/3, 1/10, 1/24, 1/31 , 2/7; from 6:30PM to 8:00PM

    Lesson one: George’s immediate predecessors and contemporaries

    Lesson two: Marxists and monopolists attack

    Lesson three: The great debacle: income tax and the Federal Reserve

    Lesson four: Redefining the terms (Orwellian economics)

    Lesson five: Identity politics as the enemy of reform.

    REGISTER NOW

    A link to join the online course will be provided via email before the start of the first session.