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.
CTA Gray Line could fit here. Image credit: Anthony N via flickr(cc)
We sometimes describe Henry George’s fiscal proposal as a “smart tax,” unlike the inefficient anti-prosperity taxes that fund most government programs today. Similarly, there can be “smart” transit facilities, which are distinguished from dumb ones because they are cost less and provide more service. Perhaps the most prominent recent smart transit proposal is the CTA Gray Line, whose creator, Mike Payne, will be our speaker tonight.
Launching the Gray Line would provide a brand new CTA Rapid Transit (‘L’) service (on EXISTING facilities) to Grant Park, the Museum Campus, the newly renovated Soldier Field, and McCormick Place (with a connected station under the McCormick Place South Bldg.)
Also service to Bronzeville, Hyde Park, the Museum of Science & Industry (with an ADA compliant station 1 1/2 blocks away), the University of Chicago, Woodlawn, South Shore, South Chicago, Chatham, Chicago State University, Pullman, Roseland, Blue Island, and Hegewisch; again almost all Gray Line facilities are in place, and operating RIGHT NOW TODAY.
. . .
There is N O need for costly and time consuming design and engineering, right-of-way acquistion, condemnation, demolition, clearing, materials acquisition, delivery, and major construction; the CTA Gray Line ‘L’ System could be up and providing CTA ‘L’ service to the Far South Side WITHIN O N E YEAR, rather than waiting until 2016 for completion of the Red Line Extension.
Come to this free presentation to meet and question a prominent transit activist, and think about what could be done with all the public money saved by smart projects like the CTA Gray Line.
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.
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.
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 fails to collect its legitimate earnings, instead placing barriers against productive work and making it unnecessarily difficult for working people to earn a living.
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. Without this understanding, even honest government couldn’t put Illinois on a path to prosperity and freedom.
This Henry George School presentation is sponsored by the Chicago Ethical Humanist Circle, is free and open to the public. The Library is three blocks from the Western Brown Line CTA station.
Henry George School photo of a gentrifying area by Chuck Metalitz
Cook County isn’t broke either. Neither is Chicago.
In this session you will learn about the legitimate earnings that our communities generate every day, and how collecting these earnings would allow removal of barriers to productive work which make it unnecessarily difficult for working people to earn a living.
There’s plenty of waste and fraud throughout government, but that’s not the focus here. Even an honest and efficient government requires revenue, and the source of that revenue determines whether we can have prosperity and freedom, or — something else.
PREREGISTRATION MANDATORY. This program is free, but due to building policies you must pre-register by email or by phoning us at 312 450-2906.
Henry George School photo of a gentrifying area by Chuck Metalitz
Cook County isn’t broke either. Neither is Chicago.
In this session you will learn about the legitimate earnings that our communities generate every day, and how collecting these earnings would allow removal of barriers to productive work which make it unnecessarily difficult for working people to earn a living.
There’s plenty of waste and fraud throughout government, but that’s not the focus here. Even an honest and efficient government requires revenue, and the source of that revenue determines whether we can have prosperity and freedom, or — something else.
PREREGISTRATION MANDATORY. This program is free, but due to building policies you must pre-register by email or by phoning us at 312 450-2906.
The annual gathering of North American activists and educators promoting economic justice. The date and location are set, but other details will be posted to their site as they are determined.
Michael Belsky, executive director Center for Municipal Finance at Harris School University of Chicago, will discuss ongoing research into the state and local pension crisis in Illinois.
