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.
Once again this year, our colleagues from the Public Revenue Education Council will have a booth at the annual conference of the National Council of State Legislators. PREC travel to the host city each year, and in 2016 they’re at McCormick Place in Chicago.
PREC will want assistance from local people who have completed one or more courses at the Henry George School and understand the fundamentals of political economy, especially land value taxation and the “two-rate” or “split rate” tax. If you might like to help out, contact Chuck Metalitz for more details. Because this conference of public officials is closed to the public, this might be you only way to get into the exhibit hall, and requires pre-arrangement. Only a limited number of these volunteer positions is available.
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.
