Photo Credit: John Picken Photography (cc) via flickr.
Bring your own bicycle (or rent a “shared” one from Divvy) and join HGS Instructor Bob Jene for a leisurely roll thru the near south area, including Grant Park, Museum Campus, Central Station, Prairie Avenue, and South Michigan Avenue. Taxpayers spent hundreds of millions for infrastructure and amenities serving these areas, resulting in redevelopment but also higher costs for housing, commercial and even parking spaces. Bob will discuss these effects, who benefits and who pays, and how equity might be improved.
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.
An evening with Bob Jene to compare the Georgist fiscal reform to the TARP bailout, “Fair Tax,” Flat Tax, Bush tax cuts and government money creation. A gist of each proposed or attempted solution to the “great recession” will be given including QE I, QE II and QE III. Attendees will rank the proposed remedies on a scale of 1 to 10 based on 8 criteria.
Approaching Henry George’s ideas from a moral and practical perspective as the right way to do away with poverty. Conceived and presented by Henry George School instructor George Menninger.
Approaching Henry George’s ideas from a moral and practical perspective as the right way to do away with poverty. Conceived and presented by Henry George School instructor George Menninger.
Picking up where we left off last meeting, the Political Economy Book Club will complete its discussion of Book V of Adam Smith’s classic Wealth of Nations. This section focuses on taxes. RSVP appreciated to rjmatter@gmail.com
François-Marie Arouet (1694–1778), known as Voltaire
America’s only Political Economy Book Club discusses Candide, Voltaire’s 1759 masterpiece that ridicules religion, theologians, governments, armies, philosophies and philosophers through allegory. As Jean Starobinski notes,”The fast-paced and improbable plot—in which characters narrowly escape death repeatedly, for instance—allows for compounding tragedies to befall the same characters over and over again.”
It’s only a hundred pages or so depending on the translation and format, and is available in English translation free from Project Gutenberg (in several formats) as well as from the Internet Archive, where there is also an audiobook.
PEBC coordinator Bob Matter would appreciate an RSVP, if possible, from those planning to attend.
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.
We’ll discuss Jean-Jacques Rousseau’s Discourse on the Origin and Basis of Inequality Among Men. Rousseau sets out to demonstrate how the growth of civilization corrupts man’s natural happiness and freedom by creating artificial inequalities of wealth, power and social privilege. Contending that primitive man was equal to his fellows, Rousseau believed that as societies become more sophisticated, the strongest and most intelligent members of the community gain an unnatural advantage over their weaker brethren, and that constitutions set up to rectify these imbalances through peace and justice in fact do nothing but perpetuate them. Rousseau’s political and social arguments in the Discourse were a hugely influential denunciation of the social conditions of his time and one of the most revolutionary documents of the eighteenth-century.
Political Economy Book Club meetings are free and open to everyone, tho donations to help pay the rent are appreciated. PEBC Coordinator Bob Matter requests an RSVP at the phone number or email above.
An evening with Bob Jene to compare the Georgist fiscal reform to the TARP bailout, “Fair Tax,” Flat Tax, Bush tax cuts and government money creation. A gist of each proposed or attempted solution to the “great recession” will be given including QE I, QE II and QE III. Attendees will rank the proposed remedies on a scale of 1 to 10 based on 8 criteria.
We’ll discuss Jean-Jacques Rousseau’s Discourse on the Origin and Basis of Inequality Among Men. Rousseau sets out to demonstrate how the growth of civilization corrupts man’s natural happiness and freedom by creating artificial inequalities of wealth, power and social privilege. Contending that primitive man was equal to his fellows, Rousseau believed that as societies become more sophisticated, the strongest and most intelligent members of the community gain an unnatural advantage over their weaker brethren, and that constitutions set up to rectify these imbalances through peace and justice in fact do nothing but perpetuate them. Rousseau’s political and social arguments in the Discourse were a hugely influential denunciation of the social conditions of his time and one of the most revolutionary documents of the eighteenth-century.