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Person

Henry George

American political economist and journalist (1839–1897); argued for a single tax on land values.

At a glance

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Why it matters

Key facts

Born
2 Sep 1839, Philadelphia1
Died
29 Oct 1897, of a stroke during his second campaign for mayor of New York City, four days before the election1
Early life
Formal schooling ended at 14; went to sea at 15; worked in San Francisco as a typesetter from 18581
Journalism
Managing editor of the San Francisco Times; editor of his own San Francisco Daily Evening Post from 1871 to 18751
1886 mayoral race
United Labor Party nominee for New York City; 31 percent, second, ahead of Theodore Roosevelt1
Chinese immigration
His 1869 essay The Chinese in California argued that Chinese immigration should be ended1
Monopoly
Lizzie Magie's 1904 Landlord's Game, made to show his theories, later became Monopoly1

Main ideas

  1. A single tax on land values1

    Tax the value of land itself, not the buildings and work on it, and drop taxes on productive activity.

  2. Confiscate rent, not land1

    Owners could keep, sell and bequeath their land; society would take the rent: "We may safely leave them the shell, if we take the kernel."

  3. Free trade1

    Tariffs keep prices high, do not raise wages and shield monopolies from competition.

  4. The secret ballot1

    One of its earliest US advocates, from his 1871 article "Bribery in Elections".

  5. Natural monopolies as public services1

    Utilities and transport along public ways should be public and free or at marginal cost.

Books to start with

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  1. Progress and Poverty1

    Why poverty grows alongside progress, and a land value tax as the remedy.

  2. Social Problems1

  3. Protection or Free Trade1

    The first book read entirely into the Congressional Record.

  4. The Condition of Labor1

    An open letter to Pope Leo XIII.

  5. The Science of Political Economy1

    Unfinished at his death.

Connections

Sources

  1. Henry George (Wikipedia) (opens en.wikipedia.org)

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How recent

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