Events

The Political Economy Book Club will be discussing Machiavelli’s most famous work, The Prince. One of the great works of political philosophy, it is regarded as one of the pinnacles of Renaissance thought. Machiavelli was a polymath, immersed in countless academic subjects, and yet simultaneously intimately involved in the politics of his day, holding many titles and offices.

PEBC coordinator Bob Matter would appreciate an RSVP, if possible, from those planning to attend.

Come visit with Jim Frederiksen, one of our more innovative thinkers in presenting Georgist ideas in a modern context. You’ll be able to hear Jim’s thoughts on both ongoing and historical research, and his criticisms of modern economic thought.

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

[Please note: There is no need to stay the full 3½ hours of this event.  Come when you’d like and leave when you wish. ]

How much stuff do you think you “own,” but really only have a limited license to use in specific ways? You may be surprised to learn who is restricting your freedom to innovate and share information.  As software-driven products become more common, how can you be sure that your possessions aren’t working against you?  Is that the price we have to pay to live in an advanced economy?  It need not be.

Find out how software freedom fits into the “liberty means justice” political economy that we teach, why and how we use open source software wherever possible (and it almost always is).  Discussion and videos presented in cooperation with the Free Software Foundation.

Meanwhile, to learn more about DRM and why it might be a bad thing, visit Defective by Design.

Resurrection (1899)
By Leo Tolstoy

This late 19th-century novel about nobleman Dmitri Ivanovich Nekhlyudov’s efforts at redemption after a life of sin is Tolstoy’s last major novel before his death in 1910. The readers will have a complex relationship with the tormented protagonist and his desperate attempts at redemption and forgiveness, since Nekhlyudov’s misguided decisions and youthful errors are often not so dissimilar from our own. Resurrection is a scathing exposition of the myriad prejudices of the man-made justice system and the hypocrisy of the establishment, while it also explores the economic philosophy of Georgism – of which Tolstoy had become a strong advocate toward the end of his life.  [from the Culture Trip]

Political Economy Book Club discussions are open to everyone interested, without charge, and the text (in English translation) is available free from various sources including archive.org, who also offer a free audiobook. There is also a more recent translation by Anthony Briggs, which can be purchased or licensed in various formats and is available in some public libraries.  Any questions about the PEBC may be directed to Convenor Bob Matter,

As farmland yields to “higher-value” uses, how (and how well and how inexpensively) will we eat? Bob Jene reviews data from a leading agricultural preservation organization, the American Farmland Trust (AFT). Among other things they buy development rights from landowners to insure continued farming use, and attempt to facilitate community supported agriculture which makes family farms more viable. A Georgist fiscal reform encourages more conservative and productive use of all land and reduces sprawl, thus preventing encroachment on farmland.  An alliance with AFT would benefit us both.

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.

Urban sprawl is threatening to destroy much valuable farmland. We will look at data from one of the leading national organizations trying to mitigate this damage, The American Farmland Trust (AFT). Among other things they buy development rights from farmers to insure the land’s continued use in agriculture and attempt to facilitate community supported agriculture which makes family farms more viable. The Georgist fiscal reform reduces sprawl alleviating pressure on farmland.

(image credit: Kristian Bjornard ; Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0); https://flic.kr/p/8RYWFy)

Metropolitan Planning Council’s Alden Loury will discuss his research into the costs that racial and ethnic segregation impose on all of us here, and might be persuaded to hint at the recommendations to come from phase 2 of the study.  We have a post with a bit more information.

“The purpose of Newspeak was not only to provide a medium of expression for the world-view and mental habits proper to the devotees of IngSoc, but to make all other modes of thought impossible. It was intended that when Newspeak had been adopted once and for all and Oldspeak forgotten, a heretical thought – that is, a thought diverging from the principles of IngSoc – should be literally unthinkable, at least so far as thought is dependent on words.“

— George Orwell

Something like this has happened to the field of economics, says Dan Sullivan.  Terms which had clear meanings to Adam Smith, J S Mill, and other classical economists have got distorted and redefined– or obliterated–  to prevent serious discussion of economic issues. Going back to the roots of political economy, Dan suggests the real point of a proper science of economics would be to efficiently satisfy the desires of the people, both individually and collectively.

Dan will help us distinguish between “rights” and “privileges,” “investments” and “acquisitions”,  and several distinct concepts that all get called “wealth.” He’ll address the difference between “means of production” and “capital,” and differentiate “human capital” from modern slavery.

You can understand today’s economic issues such as minimum wages, tax policy, international trade, housing costs, and unemployment, but only if you have a clear idea of the fundamental terms.  These terms can be readily comprehended by ordinary people and do not lead to any particular “left” or “right” public policy, but they facilitate informed communication.

There will of course be time for questions and discussion.

Based in Pittsburgh, Dan Sullivan is a popular speaker on economic issues, and Director of Saving Communities