Progress and Poverty in Economics:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability
INTRODUCTION Reviving the Work of America’s Most Original Economist
Andrew Mazzone and I collaborated on a project to review the work of the 19th-century American economist Henry George, especially his landmark book Progress and Poverty (1879) to see how George’s work stood up in the light of modern economics and to determine what could be brought up to date and applied to the contemporary world. We wanted to establish that George’s work was relevant and also to criticize American academic economics for having overlooked or rejected George both in his own time—when his work was a worldwide sensation—and afterward, even today. Andrew died suddenly in the middle of the project. This book is a tribute to him and completes what we began…
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