Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability

Edward Nell

Book 1 of Palgrave Studies on Henry George for the 21st Century

Language: English

Publisher: Springer Nature

Published: Sep 27, 2019

Description:

This Palgrave Pivot contextualizes Henry George as an important and uniquely American figure in the fields of economics and political economy, with special emphasis on the frontier and innovation. This book discusses George’s concept of rent as the result of economic progress, explains George’s argument that the rise in rents caused by economic progress in turn generates inequality and poverty, and examines the relevance of these ideas in today’s financialized global economy. This book adds to the very necessary discussion of whether our current financial industry is a benefit or a drain on human economic well-being.