I heard about Georgism recently and wanted to learn more. At first I was shocked by the length of the article (and this is only part 1 of 5!) but the author does a fantastic job of breaking down complex ideas and keeping the reader engaged throughout the piece. This is not only a great introduction to Georgism, but an extremely valuable refresher on basic economic concepts that are so often confused or ignored in many articles about economic policy.
I've still got a lot of questions about George's ideas, but he has some seriously compelling arguments about the special relationships of land to labor and capital and the perverse incentives that arise from land speculation and rent-seeking. I'm definitely excited to read the rest of the articles in this series as well as some critiques of the proposed system.
PS: You'll have to read at least Appendix A in order to get credit for reading the article but it's totally worth it anyway.
I heard about Georgism recently and wanted to learn more. At first I was shocked by the length of the article (and this is only part 1 of 5!) but the author does a fantastic job of breaking down complex ideas and keeping the reader engaged throughout the piece. This is not only a great introduction to Georgism, but an extremely valuable refresher on basic economic concepts that are so often confused or ignored in many articles about economic policy.
I've still got a lot of questions about George's ideas, but he has some seriously compelling arguments about the special relationships of land to labor and capital and the perverse incentives that arise from land speculation and rent-seeking. I'm definitely excited to read the rest of the articles in this series as well as some critiques of the proposed system.
PS: You'll have to read at least Appendix A in order to get credit for reading the article but it's totally worth it anyway.