Power structure along the tour route (Henry George School photo0
Originating as a field trip for students completing our Progress & Poverty course, this stroll thru downtown Chicago examines some of the ways that average people, and the community as a whole, are deprived of their just earnings. Among other things we’ll see who benefits from the expensive infrastructure and “economic development” projects, how Thomas Jefferson wanted Chicago to fund its public schools, what happens when a well-located building burns down, and how land speculators get productive workers to pay their taxes. Expect to walk about 2 km, maybe we’ll stop for snacks (individual settlement) along the way.
A $10 donation is requested from those who are not recent or current HGS students or donors, but nobody will be excluded due to lack of funds. You can make your donation by credit card here, or bring cash or a check.
Stolen Statue Repossessed/Henry George School photo
Originating as a field trip for students completing our Progress & Poverty course, this stroll thru downtown Chicago examines some of the ways that average people, and the community as a whole, are deprived of their just earnings. Among other things we’ll see who benefits from the expensive infrastructure and “economic development” projects, how Thomas Jefferson wanted Chicago to fund its public schools, what happens when a well-located building burns down, and how land speculators get their taxes paid by productive workers. Hardcopy sourced notes will be provided. Expect to walk about 2 km; maybe we’ll stop for snacks (individual settlement) along the way.
A $10 donation is requested from those who are not recent or current HGS students or donors, but nobody will be excluded due to lack of funds. If you have a paypal account, you can make your donation by credit card using the link below, or better yet bring cash or a check.
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.
François-Marie Arouet (1694–1778), known as Voltaire
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.
ProPublica Illinois investigative reporter Jason Grotto (formerly with the Chicago Tribune) has produced several major research stories about problems with real estate assessments in Cook County, as well as with the Assessor’s office itself. He’ll join us to talk about how and why he undertook this work, what’s wrong with the Assessor’s office and how it could be repaired, how the property tax would function if it were competently administered, and, if we’re lucky, how the tax could be restructured to improve fairness and better fund public services while promoting economic opportunity.
Join us to learn about some of the practical difficulties in bringing competence and efficiency to the administration of what could be a very fair tax.
PREREGISTRATION MANDATORY: Due to building policies you must pre-register by email or or by phoning us at 312 450-2906
