Successful land speculation (also known as “real estate investment”) is really a matter of taking for yourself the gains that belong to the community. George Menninger is one of the many who have done it, but he’s exceptional in his understanding of what he did, as well as his sympathy for his victims. He’ll explain how the bad public policy he exploited not only made him rich, but led to continued poverty, unemployment, and even the recent economic meltdown.
Menninger is a Henry George School volunteer instructor, and this stand-alone session also serves as the introduction to his modern version of Progress & Poverty. After his talk, you may, if you wish, sign up for the five-session course.
The People of the Abyss (1903) is a book by Jack London (1876-1916) about life in the East End of London in 1902. He wrote this first-hand account by living in the East End for several months, sometimes staying in workhouses or sleeping on the streets. The conditions he experienced and wrote about were the same as those endured by an estimated 500,000 of the contemporary London poor. Decades later, this book inspired George Orwell to write Down and Out in Paris and London.
A bit late to be a contemporary of Henry George, Jack London lived mainly in northern California and was a passionate advocate of workers’ rights. Both London and George were members of Bohemian Grove.
(source: Wikipedia)
The People of the Abyss is available free on line as text from Gutenberg, and as an audiobook from LibriVox, as well as in hardcopy from various libraries and book dealers.
Political Economy Book Club is open to everyone wishing to participate in the discussion, without charge altho donations are appreciated to help pay for rent and snacks. Convenor Bob Matter appreciates an RSVP from those planning to attend.
Metropolitan Planning Council’s Alden Loury will discuss his research into the costs that racial and ethnic segregation impose on all of us here, and might be persuaded to hint at the recommendations to come from phase 2 of the study. We have a post with a bit more information.
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