Henry George and Europe: Hungary began a promising venture in Georgist tax reform but revolutionary turmoil and inflation ended it.

The American Journal of Economics and Sociology | January 1, 1994| | Copyright

I

The Plight of the Hungarian Landless

AT THE END Of the 19th century, Hungary--then a Kingdom united with Austria within the Habsburg Empire--was burdened with an unsolved land problem.(1) The situation was similar to that of Ireland, although stemming from entirely different historical antecendents. In Hungary, serfdom had not been abolished until 1848, and even after that, archaic conditions of land tenure persisted in the country's agricultural sector. More than half of the arable land belonged (incidentally until after World War II, 1945) to huge estates, ...

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