The corruption of economics Book

I read this book because it was recommended by Brian Czech in his Supply Shock: "Economic Growth at the Crossroads and the Steady State Solution" book. And it did deliver. What a great book!

I liked the language and the plain exposition of the facts: Henry George was a journalist that in the early 1800 wrote a simple plan to straighten the mess that had at that time taken hold of the world. He proposed that those who owned the land should pay taxes to sustain the living of everyone else.

Here is how the idea worked: If you don't own land, you shouldn't pay taxes; what you should do is work hard in order to earn your living, and if you ever become prosperous and buy land, then you need to start paying taxes. This way those who have more will have a very good living and those who have less will work hard and have a decent living.

The problem with Henry George's proposal was that the land owners were not satisfied with having a very good living; they wanted to be super-rich, extravagantly rich, they wanted to eat caviar for breakfast every day while flying up high in their personal 777 or airbus. So, they found their way to silence George and helped the Neoclassic Economics to thrive, and then... well, we all can see what happened.



Here is an image of the Amazon cover of the book, and a pdf of the first page:


Here is a photo of the author, from his webpage (He is older today)

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