Henry George and nineteenth-century economics: the village economy meets the railroad.(Special Issue: Commemorating the 100th Anniversary of the Death of Henry George)

From: The American Journal of Economics and Sociology | Date: October 1, 1997| Author: Perelman, Michael | Copyright information

Despite Henry George's great gifts as an economist and a social critic, he failed to take into account the momentous changes that were underway. As a result, his quaint faith in a combination of land reform and competition was unwarranted.

I

Introduction

Henry George was a troubling figure to economists of his day. His sins were manifold: he was self-taught; while addressing important problems of his day, he appeared to challenge the status quo; and, worst of a...

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