Recent books by Scott Baker and Tom Tresser (ed) assert that America is not Broke and Chicago is not Broke. They’re right, of course, and neither is Illinois. Using principles outlined by Henry George, this presentation will show how the community could choose to collect the value it creates, funding its needs without discouraging productive work, and without burdening the earning power of the most needy.
This is an update of material originally presented in May of this year. While subsequent developments have transferred some of the economic distress from governments to citizens, there is no indication that the politicians or other interest groups involved admit any understanding of the fundamental economic principles described here.