Approaching Henry George’s ideas from a moral and practical perspective as the right way to do away with poverty. Conceived and presented by Henry George School instructor George Menninger.
Picking up where we left off last meeting, the Political Economy Book Club will complete its discussion of Book V of Adam Smith’s classic Wealth of Nations. This section focuses on taxes. RSVP appreciated to firstname.lastname@example.org
This fictionalized account about the Great Chicago Fire of 1871 stars Alice Brady as Mrs. O’Leary, the owner of the cow which started the fire, and Tyrone Power and Don Ameche as her sons. It also stars Alice Faye and Andy Devine. We get to follow Tyrone to all the dives that made old Chicago so interesting.
The film features political corruption, land speculation, fights, fire, dynamite, gangs, and lots of other Chicago traditions. At the time of its release, it was one of the most expensive movies ever made.
Directed by Henry King — USA — 1938 — 115 minutes
With state and local governments in financial disarray, they might want to evaluate the big tax breaks given to owners of Illinois farmland. Chuck Metalitz will present a [forthcoming] HGS Research Note discussing the potential benefits of a realistic tax rate on farmland, including an estimate the amount of land which would move out of state as a result of higher taxes.
As farmland yields to “higher-value” uses, how (and how well and how inexpensively) will we eat? Bob Jene reviews data from a leading agricultural preservation organization, the American Farmland Trust (AFT). Among other things they buy development rights from landowners to insure continued farming use, and attempt to facilitate community supported agriculture which makes family farms more viable. A Georgist fiscal reform encourages more conservative and productive use of all land and reduces sprawl, thus preventing encroachment on farmland. An alliance with AFT would benefit us both.
Otto Preminger’s adaptation of Nelson Algren’s psychological portrait of a drug addict (Frank Sinatra) trying to go straight in his pre-gentrification Division Street neighborhood. Released from prison, he faces the challenge of making a living and staying clear of heroin. Variety said “Otto Preminger’s The Man with the Golden Arm is a feature that focuses on addiction to narcotics. Clinical in its probing of the agonies, this is a gripping, fascinating film, expertly produced and directed and performed with marked conviction by Frank Sinatra as the drug slave.”
Initially the movie was denied certification by the MPAA because it showed drug addiction. Nonetheless, it was nominated for three Academy Awards as well as other honors.
Otto Preminger — USA — 1955 — 119 minutes
America’s only Political Economy Book Club discusses Candide, Voltaire’s 1759 masterpiece that ridicules religion, theologians, governments, armies, philosophies and philosophers through allegory. As Jean Starobinski notes,”The fast-paced and improbable plot—in which characters narrowly escape death repeatedly, for instance—allows for compounding tragedies to befall the same characters over and over again.”
It’s only a hundred pages or so depending on the translation and format, and is available in English translation free from Project Gutenberg (in several formats) as well as from the Internet Archive, where there is also an audiobook.
PEBC coordinator Bob Matter would appreciate an RSVP, if possible, from those planning to attend.
Right on the streets of every American community, robbery takes place every working day. You might not realize how much value the people of Chicago (and every other community) create, simply by going about our daily activities. What is this wealth, how do we create it, and where does it go?
Originally conceived as a field trip for Progress & Poverty students, this stroll — about 2 km and 90 minutes — presents some answers for those interested in finding out. Additionally, we’ll take a look at recovered loot of a long-ago theft, learn how Thomas Jefferson would have solved the problem of financing Chicago’s public schools, and see an economic development incentive that costs less than nothing. We might stop for snacks along the way (individual settlement).
Detailed sourced notes will be provided. This is now a free tour, no donation required, although we do appreciate (tax-deductible) contributions from those who can afford it and find the event worthwhile.
A 20th-century adaptation of Voltaire’s 1759 social satire novel Candide, ou l’Optimisme. Set in the World War II-era, it follows the adventures of Candide, an orphaned Westphalian brought up in a baron’s chalet. He falls in love with the baron’s daughter, Cunégonde, and is thrown out of the house when the baron discovers them kissing. When war breaks out in 1939, Candide is drafted and then captured by the Nazis, but escapes and joins the International Red Cross. Candide’s improbable adventures take him into a concentration camp to rescue his tutor, Pangloss; then he is off to South America (where he endures a series of revolutions), Borneo (where he is imprisoned by a primitive tribe), Moscow (where he accidentally foments a missile crisis between the Soviet Union and the United States), and New York (where he gets mixed up in a racial clash). Finally, back in France, he retires to a country house with Cunégonde, Pangloss, and a mysterious lady who saved him from a firing squad, and settles down to write his memoirs. [from Wikipedia]
Directed by Norbert Carbonnaux — France — [dubbed English]— 90 min
"Henry George showed us how equity and efficiency go hand in hand, how the magic of justice combines with the magic of incentive."
- Mason Gaffney