The march of invention has clothed mankind with powers of which a century ago the boldest imagination could not have dreamt. But in factories where labor-saving machinery has reached its most wonderful development, little children are at work.
Economists
Henry George
Born in 1839 in Philadelphia, Henry George was a political economist, journalist, and social philosopher whose book 'Progress and Poverty' (1879) sold millions of copies and became perhaps the most widely read economics text of the nineteenth century. He argued that land rent, the unearned income captured by landowners from socially created value, was the fundamental cause of poverty amid progress, and proposed a 'single tax' on land values as the remedy. His ideas inspired Georgism, influenced figures from Tolstoy to Sun Yat-sen to Einstein, and continue to shape land value taxation policy worldwide.
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Henry George's Other Quotes
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