An injudicious tax offers a great temptation to smuggling. But the penalties of smuggling must rise in proportion to the temptation. The law, contrary to all the ordinary principles of justice, first creates the temptation, and then punishes those who yield to it…
— Adam Smith
Book V of Adam Smith’s classic is entitled “Of the Revenue of the Sovereign or Commonwealth,” includes the above as well as many thoughtful passages about what we nowadays call public finance. Our Political Economy Book Club will discuss this final part of Wealth of Nations on Wednesday, November 12. You can download or read the book on line from severalsources, borrow it from many public libraries, or purchase a copy inexpensively.
For further information or to let us know you’re coming, email PEBC coordinator Bob Matter or call 312 450 2906.
In less than two hours, you’ll gain new insight into the causes of low wages, worsening inequality, and economic stagnation, and examine a proposal that could create genuine opportunity for everyone willing to work.
After an overview of Henry George’s early life and work, you’ll consider why most current policies and proposals not only fail to solve problems of poverty and inequality, but often worsen them. You’ll then consider Henry George’s straightforward method for raising wages while lowering the actual cost of living, focusing on how it can apply today, even solving some 21st-century problems.
While Introducing Progress & Poverty is complete in itself, it’s also the first session of our Progress & Poverty course, which starts September 6 at our loop location, 333 S. Wabash.
In less than two hours, you’ll gain new insight into the causes of low wages, worsening inequality, and economic stagnation, and examine a proposal that could create genuine opportunity for everyone willing to work.
ALTHOUGH THIS EVENT IS FREE, YOU MUST PRE-REGISTER BY EMAILING events@hgchicago.org or phoning 312/362-9302, so that building security will be notified to admit you.
After an overview of Henry George’s early life and work, you’ll consider why most current policies and proposals not only fail to solve problems of poverty and inequality, but often worsen them. You’ll then consider Henry George’s straightforward method for raising wages while lowering the actual cost of living, focusing on how it can apply today, even solving some 21st-century problems.
While Introducing Progress & Poverty is complete in itself, it’s also the first session of our Progress & Poverty course, which continues on Thursdays thru November 17.
