Events

This presentation looks at the cost of collecting the income tax. The IRS overhead itself represents the direct cost to the government in generating this revenue. Beside that there is the burden put on the tax payer in preparing his return, in the case of an audit there may be the cost of representation before a tax court.  You also become aware of the vast amount of human resources wasted on this activity for the revenue generated.

Would Rube Goldberg have been able to design a less straightforward system of funding government than the U S Federal income tax? In this presentation, HGS instructor Bob Jene looks at what it costs to collect this revenue.  The direct cost to the government of operating the Internal Revenue Service is only a small part, as the burden put on the taxpayer, and the diversion of effort from productive uses, should also be considered.

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.

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

Do we need to suffer like this (and/or pay someone else) in order to fund government?  In this presentation, HGS instructor Bob Jene looks at what it costs to collect income taxes.  The direct cost to the government of operating the Internal Revenue Service is only a small part, as the burden put on the taxpayer, and the diversion of effort from productive uses, should also be considered.

Between 1948 and 1973, Americans’ real wages rose almost as fast as their productivity. After 1973, productivity grew 147% but wages rose only 19%. This raises two questions:

(1) If workers getting less, who is getting more?

(2) Is there a way to restore the balance?

To solve the problem of poverty, and the many other problems that follow from it, ordinary workers need higher wages. George Menninger describes how to raise wages without interfering in the free market and without taking anyone’s earnings.

George Menninger is an instructor at the Henry George School of Chicago, and attendees at this free program will have the opportunity to sign up for his Progress & Poverty course.

You can sign up for this free event thru Eventbrite, or RSVP directly by email.

Between 1948 and 1973, Americans’ real wages rose almost as fast as their productivity. After 1973, productivity grew 147% but wages rose only 19%. This raises two questions:

(1) If workers getting less, who is getting more?

(2) Is there a way to restore the balance?

To solve the problem of poverty, and the many other problems that follow from it, ordinary workers need higher wages. George Menninger describes how to raise wages without interfering in the free market and without taking anyone’s earnings.

George Menninger is an instructor at the Henry George School of Chicago, and attendees at this free program will have the opportunity to sign up for his Progress & Poverty course.

No  reservation is required, but you can let us know  by email that you’re coming.

Between 1948 and 1973, Americans’ real wages rose almost as fast as their productivity. After 1973, productivity grew 147% but wages rose only 19%. This raises two questions:

(1) If workers getting less, who is getting more?

(2) Is there a way to restore the balance?

To solve the problem of poverty, and the many other problems that follow from it, ordinary workers need higher wages. George Menninger describes how to raise wages without interfering in the free market and without taking anyone’s earnings.

George Menninger is an instructor at the Henry George School of Chicago, and attendees at this free program will have the opportunity to sign up for his Progress & Poverty course.

No  reservation is required, but you can let us know  by email that you’re coming.