Events

Right on the streets of every American community, robbery takes place every working day. You might not realize how much value the people of Chicago (and every other community) create, simply by going about our daily activities. What is this wealth, how do we create it, and where does it go?

Originally conceived as a field trip for Progress & Poverty students, this stroll — about 2 km and 90 minutes — presents some answers for those interested in finding out.  Additionally, we’ll take a look at recovered loot of a long-ago theft, learn how Thomas Jefferson would have solved the problem of financing Chicago’s public schools, and see an economic development incentive that costs less than nothing.  We might stop for snacks along the way (individual settlement).

Detailed sourced notes will be provided. This is now a free tour, no donation required, although we do appreciate (tax-deductible) contributions from those who can afford it and find the event worthwhile.

This session introduces Progress & Poverty, including an overview of what we cover in the course. Even if you don’t plan to take the full course, you can expect this introductory session to help you gain a new and useful perspective on today’s problems of wealth concentration, poverty, and lack of opportunity.

America in the 1870s faced increasing poverty, rising unemployment, rule by an elite and their corporations– many of the same problems we’re experiencing today.  Henry George described the cause of these problems and proposed a remedy which is even more applicable today than it was in his time. His book Progress & Poverty, perhaps the best-selling nonfiction book of the 19th century, presented his analysis and solution.

In this “classic” version of the course, students are encouraged to read the original 1879 text, and/or modern summaries and supplements, and to evaluate what George says against their own experience and understanding. You’ll gain a new understanding of how the economy works, which public policies promote liberty and prosperity, and which don’t.

Class meets every Tuesday, beginning 6:15PM on January 19, ending March 22.  More information about the course is here and here. Pre-registration is helpful but not required.

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

[Please note: There is no need to stay the full 3½ hours of this event.  Come when you’d like and leave when you wish. ]

How much stuff do you think you “own,” but really only have a limited license to use in specific ways? You may be surprised to learn who is restricting your freedom to innovate and share information.  As software-driven products become more common, how can you be sure that your possessions aren’t working against you?  Is that the price we have to pay to live in an advanced economy?  It need not be.

Find out how software freedom fits into the “liberty means justice” political economy that we teach, why and how we use open source software wherever possible (and it almost always is).  Discussion and videos presented in cooperation with the Free Software Foundation.

Meanwhile, to learn more about DRM and why it might be a bad thing, visit Defective by Design.

Resurrection (1899)
By Leo Tolstoy

This late 19th-century novel about nobleman Dmitri Ivanovich Nekhlyudov’s efforts at redemption after a life of sin is Tolstoy’s last major novel before his death in 1910. The readers will have a complex relationship with the tormented protagonist and his desperate attempts at redemption and forgiveness, since Nekhlyudov’s misguided decisions and youthful errors are often not so dissimilar from our own. Resurrection is a scathing exposition of the myriad prejudices of the man-made justice system and the hypocrisy of the establishment, while it also explores the economic philosophy of Georgism – of which Tolstoy had become a strong advocate toward the end of his life.  [from the Culture Trip]

Political Economy Book Club discussions are open to everyone interested, without charge, and the text (in English translation) is available free from various sources including archive.org, who also offer a free audiobook. There is also a more recent translation by Anthony Briggs, which can be purchased or licensed in various formats and is available in some public libraries.  Any questions about the PEBC may be directed to Convenor Bob Matter,

Bob Matter’s Political Economy Book Club is reading Jack London’s dystopian novel The Iron Heel.  On June 25 we’ll discuss chapters 1-13, and on July 23 chapters 14-25.  This 1908 text is available free from Project Gutenberg, in hardcopy from some public libraries, or as an audiobook.  You can buy used hardcopies for < $10 from several vendors.

We’ll meet at the East Loop location of Bridgeport Coffeehouse, 73 E Jackson Blvd.

Bob Matter’s Political Economy Book Club concludes its discussion of Jack London’s dystopian novel The Iron Heel.  On July 23 we treat chapters 14-25.

We’ll meet at the east loop location of Bridgeport Coffee, 73 E Jackson.

Decades before Wealth of Nations, Adam Smith wrote what he seems to have considered a superior work, Theory of Moral Sentiments.  He wrote:

How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it.

Wikipedia asserts:

Smith critically examines the moral thinking of his time, and suggests that conscience arises from dynamic and interactive social relationships through which people seek “mutual sympathy of sentiments.”^[74] His goal in writing the work was to explain the source of mankind’s ability to form moral judgement, given that people begin life with no moral sentiments at all. Smith proposes a theory of sympathy, in which the act of observing others and seeing the judgements they form of both others and oneself makes people aware of themselves and how others perceive their behaviour.

The Theory of Moral Sentiments has been printed in numerous editions, and is also available free on line.  Smith revised the book throughout his lifetime; it’s best to avoid the first edition, and choose one published after his death in 1790.

In this session we’ll discuss parts 1-3 of the book, taking up parts 4-7 on November 20,

This is the second and concluding session for this book, covering parts 4-7.

“In 1606, approximately 105 British colonists sailed to America, seeking gold and a trade route to the Pacific. Instead, they found disease, hunger, and hostile natives. Ill prepared for such hardship, the men responded with incompetence and infighting. Only the leadership of Captain John Smith averted doom….” (from the book jacket).