Events

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.

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.

From the CTA Gray Line web page:

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.

In 1831, Alexis de Tocqueville and Gustave de Beaumont were sent by the French government to study the American prison system. In his later letters Tocqueville indicates that he and Beaumont used their official business as a pretext to study American society instead. They arrived in New York City in May of that year and spent nine months traveling the United States, studying the prisons, and collecting information on American society, including its religious, political, and economic character.

— Wikipedia

Democracy in America was one of the products of this trip. It’s available in several translations, some free such as this one and this one, also free in audio format.  On March 29, the Political Economy Book Club will discuss volume 1.

PEBC meetings are free and open to everyone who has read and wishes to talk about the book under discussion. Convenor Bob Matter appreciates an RSVP if possible.

A subsequent meeting will discuss volume 2