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.
The Real Tragedy of the Commons, (cc by nc nd) by Frits Ahlefeldt, HikingArtist.com
We didn’t have time for all the videos he wanted to show last time, so Chuck Metalitz is doing it again: A marathon (well, four hours or so) of animations, lectures, documentaries, and other formats, from America, Canada, Australia, Britain, and maybe a few others, including people we do not necessarily identify as Georgists. Most of these are about three to fifteen minutes, with longer ones represented by extracts. You’re welcome to stop by any time during the show; do not feel obligated to attend the entire session.
Just about all of these videos are intended for an audience not familiar with Henry George or, in many cases, not even conscious of political economy. That probably describes some of your friends or professional colleagues, so bring them along.
We will have some sort of light refreshments. The event is free, with donations welcome. Also welcome are suggestions for relevant videos which we might not be aware of.
In commemoration of “tax day,” the hypothetical due date for Federal and State personal income tax returns, we’ll discuss a sensible proposal by a man who understood the danger of an income tax: Henry George. In this free introductory session, we’ll review the problems George saw in his time, and discuss how they persist today. We’ll outline what he proposed to do about them, how his recommendations apply today, and provide an overview of the Progress & Poverty course.
The course continues on Friday afternoons thru May 20. Should you choose to enroll, there will be a $25 registration fee.
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.
