UNDERSTANDING ECONOMICS



Who was Henry George?During his lifetime, he became the third most famous man in the United States, behind Thomas Edison and Mark Twain. His supporters included Leo Tolstoy, Albert Einstein, Winston Churchill and John Dewey, to name a few. Here's our Henry George quote of the day, and here is more on George's life and work.

half-hour economics seminarToo busy to take a course? If you can spare us 30 minutes, we'll give you this online seminar on the basics of wealth distribution in society. What does every educated person need to know about society and wealth?

Real origin of the Monopoly gameDid you know that the game of Monopoly was originally invented as a teaching tool to help get across Henry George's economic principles? Here's an article on the history of The Landlord's Game, patented in 1904, which, under its new name — Monopoly — became the world's most popular board game!

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Geoist News and Views

Do markets trump moral values? Fred Foldvary explores what many people think "free market" means — and what it really means.
Markets Strengthen Moral Values

Burgeoning land value is a feast for speculators while it should be a staple for society, but society must first insist.
As Real Estate Trusts, Firms Avoid Taxes, Keep Rents

Economics is a science (despite what you may have heard). Fred Foldvary borrows a concept from Physics to elucidate economic realities.
Economic Entropy

Lots of journalists lately have pushed a new revenue policy. Is the idea in the air, and spreading? Is the paradigm shifting?
Four More Newspapers Cover Public Rent Recovery

How can Africa move away from aid dependence? How can SE Asia uproot poverty? Peoples must keep their rents.
Kofi Annan -- Africa Plundered by Secret Mining Deals

Effective City-Trashing is not as easy as you might think. Here's how the pros do it.
The City Wreckers

Which of the world's top industries would be profitable if they had to pay for the nature that they use up and/or pollute?
Extractive Industries Truly Profit? Who Says?

Can you live on $1.50 a day? It's not easy. Is it even possible?
Global Poverty: Real and Virtual

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