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Henry George: rebel with a cause

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  • Mark Blaug

Abstract

Henry George's Progress and Poverty (1879) was undoubtedly the most widely read book on economics in the nineteenth century. Its proposal for a 'single tax' on land rents inspired both socialists and liberal reformers in the closing decades of the nineteenth century but it was attacked and condemned by virtually all the leading economists of the day, principally on the ground that it was not possible even in principle to separate pure ground rent from profits on capital invested in land. The question whether land is a special factor of production, essentially different from labour and capital, turns out to be at the very heart of all the controversies surrounding the doctrines of Georgism; my view, like that of Marshall, is that land is indeed a unique factor of production.

Suggested Citation

  • Mark Blaug, 2000. "Henry George: rebel with a cause," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 7(2), pages 270-288.
    • Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:270-288
    DOI: 10.1080/096725600361816
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    References listed on IDEAS

    as
    1. Fred E. Foldvary, 1998. "Dictionary of Free-market Economics," Books, Edward Elgar Publishing, number 1090.
    2. Stigler, George J, 1969. "Alfred Marshall's Lectures on Progress and Poverty," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 181-183, April.
    3. repec:ucp:bkecon:9780226264141 is not listed on IDEAS
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    Cited by:

    1. Richters, Oliver & Siemoneit, Andreas, 2021. "Making markets just: Reciprocity violations as key intervention points," ZOE Discussion Papers 7, ZOE. institute for future-fit economies, Bonn.
    2. Ragnar Arnason, 2011. "Loss of economic rents in the global fishery," Journal of Bioeconomics, Springer, vol. 13(3), pages 213-232, October.
    3. Richters, Oliver & Siemoneit, Andreas, 2019. "Marktwirtschaft reparieren: Entwurf einer freiheitlichen, gerechten und nachhaltigen Utopie," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 213814, July.
    4. Kumhof, Michael & Tideman, Nicolaus & Hudson, Michael & Goodhart, Charles, 2021. "Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land," CEPR Discussion Papers 16652, C.E.P.R. Discussion Papers.
    5. Richard W. England, 2010. "Ricardo, Gold, and Rails: Discovering the Origins of Progress and Poverty," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(4), pages 1279-1293, October.

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