The Progress & Poverty Paradox: Two economists on why America works best with equal rights to land
Bainbridge Public Library 1270 Madison Ave N, Bainbridge IslandWhy is there such poverty amid such wealth? Inequitable land ownership and ineffective taxation, according to American economist Henry George (1839-1897). His solution? A tax that would capture rising land value and use it for public benefit. As we find ourselves in another Gilded Age, perhaps it’s time to look to land and Georgism for answers to our housing crisis and rising inequality.
