Successful land speculation (also known as “real estate investment”) is really a matter of taking for yourself the gains that belong to the community. George Menninger is one of the many who have done it, but he’s exceptional in his understanding of what he did, as well as his sympathy for his victims. He’ll explain how the bad public policy he exploited not only made him rich, but led to continued poverty, unemployment, and even the recent economic meltdown.
Menninger is a Henry George School volunteer instructor, and this stand-alone session also serves as the introduction to his modern version of Progress & Poverty. After his talk, you may, if you wish, sign up for the five-session course.
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.